Qinghai's services exports up 55.3% in first 8 months

(ECNS) — Exports of services from northwestern China’s Qinghai province reached $15.26 million in the first eight months of the year, up 55.3% from a year earlier, local authorities said.

The growth rate was 23.9 percentage points higher than from January through July.

Driven by tax refund policies, travel service exports reached $6.51 million, up 67% from a year earlier.

Boosted by expanded cross-border trade routes, transport service exports rose about 74-fold to $793,000.

Spurred by wider digital adoption, personal, cultural and recreational service exports surged 15.8-fold to $312,000. Other business service exports stood at $7.5 million, up 40.7% from a year earlier.

Qinghai authorities said the province will keep fostering growth drivers including tourism and recreational service exports and shore up weak links in its service trade sector.

(By Helen Mo & intern Xu Wenda)