Abstract:According to the basic theory of regional investment environment, this paper has firstly built Chinese provincial evaluation index system on investment environment competitiveness of modern service industry. Selecting the related data of 2013 and using the factor analysis method, investment environment competitiveness of modern service industry in Hubei province has been evaluated. From the economy environment, industry environment, society and culture environment, science and technology environment and so on, this paper also has made the comparative research on investment environment competitiveness of modern service industry between Hubei’s and other province’ s. The results show that: Hubei’s investment environment competitiveness of modern service industry is above the average in china, and compared with the six central provinces there has a slight advantage, but compared with Shanghai, Beijing and Guangdong, there is a big gap. Conclusively,in terms of the outcomes of empirical analysis, some specific suggestions are put forward to enhance the Hubei’s investment environment competitiveness of modern service industry.