test


Member ID:
Password: 
Stay logged in for 30 days
Forget Your Password?
close

login CCFGroup App

Economy | Time:Nov 8 2017 9:44AM
Trade in services jumps by 8.8% year-on-year
 
Text size
China's trade in services surged by 8.8 percent year-on-year to 3.4 trillion yuan ($518.7 billion) between January and September, said the Ministry of Commerce on Tuesday.

Trade of emerging sectors' services continued to sustain "a high growth rate", the ministry said.

In the first nine months, trade of emerging sectors' services totaled 1.04 trillion yuan, up 10.3 percent year-on-year. The export grew by 8.5 percent, 4.4 percentage points higher than the overall growth rate.

Specifically, the import and export of telecommunications, computer and information services amounted to 231.9 billion yuan, up 25.2 percent from the same period last year. Trade of culture and entertainment services increased 19.7 percent year-on-year, and that of maintenance services by 19.4 percent.

The government has been putting efforts to shift its economy toward a growth model driven by consumption, services and innovation. Last year, the added value of service sector more than halved the Chinese economy.

Source: chinadaily.com.cn
Related Articles
China's forex reserve grew 129.4 bln USD in 2017
China's economy expands 6.9 pct in 2017
China FTZs expand opening for foreign business
China's GDP may grow 6.9 pct in 2017
China sees burgeoning exhibition economy
China's Central bank injects 180 bln of liquidity into money market
China's CPI up 1.8%, PPI up 4.9% in December
GDP growth rate projected to reach 6.73% this year
New normal in economic development
China adjusts tariff policies for major equipment imports
 
Research
Development of nylon 6 flat filament market
China's coal-based MEG market in 2017
Brief introduction of VSF overseas markets
China cotton yarn market pattern analysis
 
 

浙公网安备 33010902000742号