Anyhow, what even is the benefit for China to transition to a full-service economy? I still see a lot of Chinese academics and policymakers emphasizing the need to get rid of the manufacturing and become like America, an economy fully dominated by services. But what even the point of doing so? What's the appeal of losing manufacturing from the country? IMO, China should just double down on automating manufacturing to keep its industrial base, growing services but not at the expense of manufacturing. Pursuing foolish de-industrialization for some abstract goal of a service economy, with no real tangible material value, like the West did 40 years ago, would be the biggest mistake China ever makes.