Services benefit from opening-up efforts

Service trade maintained robust growth in the first five months of this year as the government channeled more energy into opening the service sector. The Ministry of Commerce said the country’s service trade rose 12 percent year-on-year to stand at 2.1 trillion yuan ($320 billion) in the January-May period. SerThe vice exports increased 13.3 percent to 691.53 billion yuan, while imports gained 11.4 percent to 1.41 trillion yuan, resulting in a deficit of nearly 720 billion yuan.