China’s service sector projected to reach 72% of economy by 2030 which is about Japan’s current level

China is projected to grow the service share of the economy over the next 13 years.

China should reach a service level share of about 72% in 2030. This will be about the level of Japan and Germany today. The US and France have nearly 80% of the economy made up of service.

Generally more advanced economies have a greater share of services.

2016  51%
2020  59%
2025  66%
2030  72%

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