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Trade

China's service trade up 22 pct in first 5 months

July 07, 2022


Abstract : China's service trade value grew 22 percent year on year in the first five months of 2022, data from the Ministry of Commerce showed on Thursday.

BEIJING, July 7 (Xinhua) -- China's service trade value grew 22 percent year on year in the first five months of 2022, data from the Ministry of Commerce showed on Thursday.

Total trade value stood at 2.365 trillion yuan (about 352.98 billion U.S. dollars), according to the data.

Service exports expanded 26.3 percent year on year to 1.15 trillion yuan, and service imports were 1.21 trillion yuan, up 18.2 percent from a year ago.

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Keyword: service trade China economy

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