the fundamental reason for the rapid development of contemporary international service trade lies in the historic changes in the world economic structure. The new scientific and technological revolution in the 196s accelerated this historical evolution, which led to the changes in the world trade structure and people's social life style. Specifically, the development of contemporary international service trade mainly has the following reasons. 1, the world industrial structure upgrading. According to the stage theory of economic growth in development economics, with the growth of national economic capacity, the industrial structure of the country will be upgraded in turn, gradually transforming from agricultural economy to industrial economy, and then developing from industrial economy to service economy. In the early 196s, major western countries had completed their own industrialization process and started to enter the post-industrial development stage, that is, the domestic economic center of gravity shifted to the service industry. The industrial upgrading driven by the growth of economic capacity of various countries has led to a large-scale adjustment of the world industrial structure. The imbalance of the new world economic structure formed in this process has led to a larger demand for international services, which has made the total trade volume of global service industries have the potential for rapid growth. 2. Driven by the growth of international trade in goods and international investment. For more than half a century after the war, the flow of international trade in goods has been expanding continuously. Take the total export value of world trade in goods as an example, it totaled $61.1 billion in 195 and $3,394.9 billion in 199, an increase of nearly 56 times in 4 years, far exceeding the growth rate of world industrial production and gross national product in the same period. Driven by the rapid growth of trade in goods, the traditional service trade projects directly related to the import and export of goods, such as international transportation services, international cargo insurance and international settlement services, have increased exponentially in scale and quantity. The rapid expansion of international investment and the inclination to the service industry not only led to the growth of international trade in goods, but also led to the rapid growth of international trade in services. In particular, the rapid expansion of international investment income as a factor service project itself constitutes the expansion of overseas service trade flows. 3. The powerful promotion of the new scientific and technological revolution. The new scientific and technological revolution, especially the information technology revolution that emerged in the 196s, has strongly promoted the rapid development of international service trade. First of all, the development of high-tech has been widely applied to the service industry, which has transformed many previously "non-tradeable" services into "tradeable" services, thus increasing the types and scope of international service trade. For example, some traditional education services and health services have always been regarded as "non-tradeable" services, and now they can be stored in disks or software for trading. The development of information technology and communication technology has also enabled banks, insurance, commodity retailing, etc. to conduct business on a global scale, bringing opportunities for cross-border services. Secondly, the scientific and technological revolution has accelerated the international movement of labor and scientific and technological personnel, especially promoted the flow of professional scientific and technological personnel and senior management personnel to other countries, and promoted the expansion of international service trade. Finally, with the progress of science and technology, the industrial structure of developed countries has gradually shifted to technology-intensive and capital-intensive high-tech industries, and labor-intensive industries have been transferred to newly industrialized countries and some developing countries, so that these countries and regions can make use of the rich and cheap labor resources in the region to earn foreign exchange service income and form large-scale domestic service exports. Reasons for the rapid development of international trade in services
Source: Author: Date: 1-4-1
4. Promotion of world economic integration and internationalization of social life. With the development of regionalization and integration of the world economy and the substantial improvement of people's living standards in various countries, the social life of modern people is becoming more and more international. Traveling abroad, receiving education and hiring specialized talents are not out of reach even for people in developing countries. In the past 4 years, tourism has become one of the fastest growing industries in the world, and the service trade related to the internationalization of social life has also developed by leaps and bounds.