Business

China's services trade at 468.4b yuan in July

Xinhua

Updated: 2022-08-26 22:56

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Shougang Park for the 2021 China International Fair for Trade in Services is seen in Beijing on Aug 31, 2021. [Photo/Xinhua]

BEIJING - China's services trade totaled 468.4 billion yuan ($68.39 billion) in July, official data showed Friday.

Services exports reached 204 billion yuan last month, while services imports were 264.4 billion yuan, resulting in a trade deficit of 60.4 billion yuan, according to the State Administration of Foreign Exchange.

In breakdown, transportation services stood out as the biggest services trade contributor with 187.4 billion yuan in trade volume.

The country's goods and services trade totaled 3.9151 trillion yuan in July, up 11 percent from one year ago.

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