Make me your Homepage
left corner left corner
China Daily Website

China's service trade up 13.4% Jan-Sept

Updated: 2013-11-19 22:16
( Xinhua)

BEIJING - China's service trade grew 13.4 percent year on year in the first nine months of 2013 to reach $390.5 billion, official data showed on Tuesday.

According to the Ministry of Commerce, service exports rose 6.8 percent from the same period last year to $146.4 billion, while imports surged 17.8 percent to $244.1 billion.

The service trade deficit expanded to $97.7 billion, up 39.4 percent. Tourism and transportation service sectors contributed the most to the total deficit, ending $58.3 billion and $41.7 billion in the red, respectively.

Meanwhile, the trade volume of the transportation service sector totaled $98.5 billion, up 6.4 percent year on year, while tourism service sector trade totaled $129.3 billion, up 14.5 percent.

The insurance, consulting, as well as patent and franchise service sectors saw exports grow 21.7 percent, 19.9 percent and 16.7 percent, respectively. Computer and information service imports surged 53.6 percent.

Hot Topics