This article mainly studies the relevant factorsthat affect the development of China’s tertiary industry, including externaland internal aspects. For the internal factors, we choose the financialindustry, tourism and education. And for the external factors, we selectedfactors such as the level of national economic development, urbanization,science and education, living standards of residents, degree of openness to theoutside world, and labor in the tertiary industry. Based on the internal andexternal factors selected above, we explore the internal dynamics of thedevelopment of the tertiary industry in China and the external factors thatinfluence the development of the tertiary industry. This paper selects datafrom the national level and the provincial level for the internal and externalaspects. For internal factors, we selected national statistics from 1994 to2015 at the national level. For external factors, we selected data from theNational Bureau of Statistics from 1991 to 2009, and provincial data from theNational Bureau of Statistics from 2004 to 2013. We have processed all data toeliminate the influence of price factors and dimensional factors, and appliedmultiple linear regression analysis methods to the data to establish a multiplelinear regression equation. From the perspective of empirical analysis, we haveobtained the specific effects of the above factors on the development ofChina’s tertiary industry, andconfirmed that the above five external factors are important factors in thedevelopment of China’s tertiary industry, as well as the outstanding contributionof the financial and education industries to China’s tertiary industry. In theend, based on the analysis results, we obtained the degree of influence ofvarious factors on the tertiary industry and made recommendations for thedevelopment of the tertiary industry in China in the future.
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