India remains largely an agricultural economy, dotted with small business and service sector dynamism.

Within the services sector, the main activities in terms of gross value added are business activities, distributive trade, education and public administration.

Tertiary sector

The service sector in general has experienced growth in recent years, as has construction.

But India s service sector has been dominated by traditional, low wage output in informal businesses, such as restaurants and personal services.

Tertiary sector 34 39 8

Developing countries' main challenge is how to strengthen domestic supply capacity and reconcile trade, development, social and equity considerations.

The first is service sector upgrades.

China Needs a Service Sector Revolution

Labor had to shift to services.

The shift of FDI to services

In India, the service sector has not only led overall economic growth, but is also characterized by higher labor productivity than in the industrial sector.

In services, trade barriers stand in the way of improved quality and efficiency, slowing the growth of a sector that could make a huge contribution to competitiveness and employment.

Indeed, identifying sectors and modes of economic interest and the trade barriers to be removed is not an easy task in the absence of adequate data on the services sector.

The industry sector is the economy's largest and accounts for 46.4 of GDP (2012), this is followed by services (38.6 ) and agriculture (14.4 ).

The informal services sector plays an important role in developing countries.

Enterprises could also be encouraged to employ students as interns or part time researchers, laying the foundation for later employment.

But spurring faster growth in services is a complex undertaking.

Service sector industries throughout the EU must be opened up.

The services sector, based mostly on a growing tourist industry, is also important.

There is very little industrial activity, although the tertiary sector was doing very well before the crises of 1996 to 2003.

Box 1 South Africa's challenge in reforming infrastructure services and utilities

The service sector is the largest component of GDP at 63 , followed by the industry sector at 23.8 and the agriculture sector at 13.2 (2010 est.).

Expanding the service sector, where productivity is low, will hold back aggregate output.

The extended family, indeed, remains central even in the large enterprise sector.

In conclusion, allow me to express the confidence of the business sector in the General Assembly.

In recent years, other industry and business services have also begun.

A vibrant service sector could have broad economic benefits.

Meanwhile the 47 of workers involved in the services sector are responsible for 56 of GDP.

Also worth noting is the growth of the courier and express delivery services sector.

Can late comers to development take advantage of the increasing globalization of the service sector? Can services be a driver of sustained growth, job creation, and poverty reduction?

Investments in services are growing OFDI in computer related industries, information technology and trading activities accounted for the lion's share of Chinese OFDI stock in 2003.

Aware of the importance of the international financial services for the economies of some of the Non Self Governing Territories,

Many of these jobs will be in the domestic, urban, non tradable service sector.

The sale of buildings and vehicles will be legalized and self employment authorized, mainly in the service sector.

But many branches of the service sector are a sink of dead end, no hope jobs.

But, even in Germany, the service sector remains twice as large as the industrial branches.

This is true even in services, despite slow productivity growth in Europe.

Economy The economy of Northern Cyprus is dominated by the services sector (69 of GDP in 2007) which includes the public sector, trade, tourism and education.

Government efforts to increase productivity in the service sector probably will be particularly important. For example, Japan is in a good position to exploit synergies between an improved health care sector and its world class manufacturing capabilities, in the development of medical instrumentation.

In the service sector, the decline is even worse than in manufacturing, because services are heavily regulated and partially closed to foreign competition.

Asia s service sector is already large, contributing significantly to growth and employment.

With baby boomers retiring in increasing numbers, demographic trends have turned unfavorable. All these are negative influences.

Government efforts to increase productivity in the service sector probably will be particularly important.

In short, we need a proper supervisory system for the financial services sector in Europe.