Business / Macro

China service trade deficit expands in September

( Updated: 2014-10-24 09:28

China service trade deficit expands in September 
China Sept factory activity edges up on stronger orders 
BEIJING -- China continued to see a bigger deficit in foreign service trade in September, the latest data from the State Administration of Foreign Exchange (SAFE) showed.

The country's service trade deficit amounted to 133.4 billion yuan ($21.7 billion) in September, compared with 129.3 billion yuan in August, according to SAFE.

In September, the country spent a total of 211 billion yuan in international service trade, nearly triple the 77.6 billion yuan it made in the month.

In the first nine months, the aggregate service trade deficit totaled 718.4 billion yuan, with 970.6 billion yuan in revenues and 1.69 trillion yuan in spending.

Hot Topics

Editor's Picks