LINE

Text:AAAPrint
Economy

Trade in services jumps by 8.8% year-on-year

1
2017-11-08 13:47chinadaily.com.cn Editor: Mo Hong'e ECNS App Download

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.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.