Study On The Relationship Between The Germany Service Development And The Economic Growth

In most people’s eyes, Germany is only a major industrial country. Its economicdepends on the world-renowned manufacturing. Does not know that after a perioddevelopment, the Germany has entered the service big country club. And thedevelopment of service industry has the characteristics of a distinctive “German”. It isbecause of its service sector, especially in product-related service sector persistentlygrow and increase in employment, which promote the stability of the Germaneconomic. Even if in the environment of the financial crisis and debt crisis in Europe,its economic is still3.6%the rate of the growth. In2011it remained at a high qualityand to achieve3.2%growth and the unemployment rate has reached the lowest valueover the past decade. Germany’s successful service can provide a little inspiration andreference to China and world who want to develop service industry.This paper is mainly based on the service economy theory and the sustainabledevelopment of economic theory. First of all, I analyzed the development andcharacteristics of the service industry of Germany, especially the mechanism that theservice promotes the sustainable development of economy. Second, through anempirical proof that the service of Germany has promoted the sustainabledevelopment of the economy. At last, I analyze the present situation of thedevelopment of China’s industry. Combined with the actual situation of our own andthe experience of Germany, it can put forward some suggestions for the developmentof our service. The suggestions mainly include: the adjustment and upgrading of theindustrial structure, government policy support, build and perfect system.This paper presents that the development of Germany at this stage of economicgrowth is mainly dependent on its service sector. And the relationship between serviceand manufacturing is the foundation of the building, so the development of the serviceshould be established on the basis of the manufacturing sector healthy development.Besides, I quantitative analyzed of the relationship of German service sector andeconomic growth.