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Home > News > Valuable News > China's service import and export volume reached 4022.8 billion yuan

China's service import and export volume reached 4022.8 billion yuan

ECHEMI 2020-03-06

The Ministry of Commerce recently released the report card of China's service trade in the first three quarters. Data shows that from January to September, China's total import and export of services reached 4022.8 billion yuan, up 3.0% year on year. Service industry plays a more and more important role in China's economic development. With the development of the global information technology revolution, emerging service industries such as communication, computer and information services and outsourcing of service industry have gradually become an important force to promote economic growth. The growth of service trade exports has accelerated, and China's economy has entered the stage of service-oriented economy, which is in line with the main trend of service trade. It can be predicted that China is transforming from commodity trade to knowledge technology intensive development direction and momentum, and the growth rate and increment are worth looking forward to.

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