Modern service industry refers to the service industry based on modern science and technology, especially information network technology, and based on new business model, service mode and management mode. This industry is often divided into four categories: producer services, consumer services, public services and basic services, and circulation departments.

Including transportation, post and telecommunications, commercial catering, material supply and marketing and warehousing.

Departments that need to serve the public: including state organs, social organizations, the army and the police.

Departments serving production and life: including finance, insurance, public utilities, residents' services, tourism, consulting information services and various technical services.

Departments that serve to improve the level of science and culture and the quality of residents: including education, culture, radio and television, scientific research, welfare, etc.

There is no clear definition of life service industry under the current turnover tax system. It is generally understood as services closely related to residents' daily consumption, including catering, hotels, education, tourism, domestic service, hairdressing and beauty industry, medical care, and various agency services.

Determinants of the Development of Modern Service Industry

Generally speaking, the development of modern service industry depends on the total economic development and the stage of economic development. Specifically, it mainly depends on the following factors:

First, marketization. The externalization process and professional development of modern producer services depend on the intensity of market demand and actual capacity. The government's accelerated deregulation and market-oriented reform can also promote the rapid development of modern service industry.

Second, materialization. If it can't be materialized, knowledge can't be transformed into real productivity and wealth. The materialization of knowledge must be realized by hardware such as machinery and equipment and data storage media. On the one hand, modern complex mechanical equipment contains rich knowledge accumulated by human beings, on the other hand, it can be superimposed and amplified by producing more advanced machines. Because the production and materialization of knowledge is undertaken by the modern productive service department in the specialized division of labor system, various forms of knowledge capital and human capital are continuously invested in the commodity production department.

What industries do modern services and life services include? The specific contents are all above. We can also see that there is still a big difference between modern services and traditional services. As a financial officer, we must pay attention to and understand the policy update. If you have any other questions, please consult our Q&A teacher!