Fast growth in services trade industry attracting more global investors

China's trade in services industry is entering a golden stage backed by favorable policies, making the country a compelling destination of choice for global investors, experts said.

The trade in services is playing a more significant role in boosting China's economic growth, said Zhou Chenghu, head of the China Association of Trade in Services.

In 2018, China's trade in services hit a historic high of 5.24 trillion yuan ($758.9 billion), up 11.5 percent year-on-year, making the country the world's second-largest in services trade for the fifth year running.