Development Of Producer Services To Enhance Urban Functions

Producer services has become the fastest growing industry in the global economy. Producer services grows much faster than the common services in developed countries. Typical industry clusters of producer services have been formed in the developed countries such as United States and Germany. Producer services plays an important role in promoting the upgrading of the industrial structure and achieving sustainable development in a city.Producer services in Beijing has begun to take shape and maintained a good developing momentum. Capital advantages, advantages in resources, personnel training lay a good foundation for the development of producer services. Beijing government supports the development of producer services. The great demand for producer services in the process of industrialization will also stimulate the development of producer services. However, it should also be noted that producer services in Beijing is not strong enough, that there was a monopoly, and that the market environment and the external environment need to be further improved.Developing producer services will greatly propell the upgrading of capital city functions. As to the development of capital economy, we must use the scientific concept of development to guide all the work of the economic and social development in Beijing, and we must adhere to the positioning of Beijing as national capital, international city, cultural city, and livable city. Developing producer services offers an important way to develop capital economy according to its city function positioning. Producer services will help to upgrade the city function, to optimize the industrial structure and the form of urban space, to strengthen the capability of innovation, and to speed up the process of internationalization in Beijing.It is the crucial period for Beijing to readjust the economic structure and improve the city function in the first two decades of the 21st century. Producer services such as finance and insurance industry, modern logistics industry, information services and business services will become dominant force for urban economic growth and function upgrading. To develop producer services in Beijing, government responsibility should be clear, the development emphasis should be seized, the opening up of producer services should be stepped up, the development of producer services cluster should be stimulated, the capability of innovation and competitiveness should be enhanced, and the development of producer services should be oriented to manufacturing in Beijing, Tianjin and Hebei.