Research into “Five Centers” on the Silk Road Economic Belt and the Current Development of Tertiary Industry in Xinjiang

^{1, 3} Faculty of Transportation and Management, Xinjiang Vocational and Technical College of Communications, Urumqi, Xinjiang, China
² Science and Technology Project Service Center, Xinjiang Uygur Autonomous Region, Urumqi, Xinjiang, China

^a 345763767@qq.com
^b 359168074@qq.com
^*c 41468463@qq.com (Corresponding author)

Abstract

Industrial development is the pillar of regional economic development, and the development of tertiary industry is the focus of the entire industry. This paper conducted an in-depth analysis of the tertiary industry in Xinjiang from three aspects: output value, output value growth rate, and output value contribution rate. On this basis, this paper also analyzes the investment in fixed assets of Xinjiang’s tertiary industry and uses the gray correlation model to measure the correlation between fixed assets and output value. The results of the study show that from 2014 to 2019, the tertiary industry in Xinjiang has developed better overall. Among them, culture, sports and entertainment industry, information transmission, software and information technology service industry, education, health and social industry and other industries are developing very well, which is in line with the vision goal of the construction of the “Five Centers” in Xinjiang on the Silk Road Economic Belt.