China established 30 billion yuan to develop services sector
Date: 14:37, 08-01-2018.
Almaty. January 8. Silkroadnews - China has created a 30-billion-yuan fund to develop the service trade sector, Reuters reports.
“China has launched a 30 billion yuan ($4.63 billion) investment fund to boost the services trade industry, in an effort to further improve the country’s foreign trade structure,” the report said.
It is noted that the fund was jointly established by the Ministry of Finance, Ministry of Commerce and China Merchants Capital Investment.
Reportedly, the latest government data showed that China’s service trade deficit for January-November last year was $234.8 billion.
