| 1 | Tourism is a service industry. | |
| 2 | Because the barriers to trade in services are extensive, the payoff for reducing them is great. | |
| 3 | Instead, I see lots of opportunities in the service industry in this country, including hotels, clothing, education and catering. | |
| 4 | Finally, China should be at the front of talks to liberalize services -- not dragging the rear, as it is now. | |
| 5 | But this should be less of a problem than it used to be now that economies are based on services not manufacturing. |