China’s services trade rises by 4.9%
BEIJING, June 6, 2017 – China’s services trade rose by 4.9 percent year-on-year in the first four months of this year.
Data issued by the Chinese Ministry of Commerce showed that the total value of imports and exports of services amounted to approximately 2.49 trillion yuan (about 364.65 billion US dollars) during the period between last January and April.
Over the period, travel services exports grew at the fastest rate of any service export sector, rising 30.4 percent to 147.15 billion yuan.
Trade in knowledge-intensive services rose 5.1 percent year on year to 1.1 trillion yuan during the same period, accounting for 44.4 percent of all services trade. The export of cultural and entertainment services and fees for using intellectual property rose significantly, by 39.5 percent and 20.8 percent, respectively.
-Except-
- For more: Follow Khaleejion 24 Arabic, Khaleejion 24 English, Khaleejion 24 Live, and for social media follow us on Facebook and
