Service trade set for boost over 5 years
Print Edition
CHINA yesterday issued a plan to boost the development of its service trade and ease the service trade deficit by 2020.
The country expects the service sector to contribute 56 percent of GDP by 2020, and the average annual growth of service trade to outpace the global average rate during the 2016-2020 period, according to a plan jointly issued by 13 ministries and departments.
China will further open up its finance, telecommunication, education and culture industries and ease restrictions on foreign shareholding in domestic securities and futures management companies.
The country will continue to improve the yuan exchange rate mechanism and realize an orderly yuan convertibility under the capital account.
China registered a service trade deficit of US$260 billion in 2016, widening from US$206 billion in 2015 and US$198 billion in 2014, according to statistics from the State Administration of Foreign Exchange.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
