China-Service Trade

China's service trade up 4.1 pct in first four months

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  • العربية

Shotlist


Beijing, China - June 12, 2019 (CCTV - No access Chinese mainland)
1. Zhu Guangyao, deputy inspector of Department of Trade in Services and Commercial Services under China's Ministry of Commerce, at interview
2. SOUNDBITE (Chinese) Zhu Guangyao, deputy inspector, Department of Trade in Services and Commercial Services, China's Ministry of Commerce:
"The growth rate of service imports and exports went up remarkably. In April, China's service production index reached 7.4 percent, the second high since last September, driving a rapid growth of service trade. Service imports and experts registered a growth rate of 9 percent in April, 6.8 percentage points up from March, and it lifted service trade growth in the first four months up by 1.5 percentage points. This shows China's service trade continued to retain an overall momentum of sustained and sound growth."

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
3. Various of workers, production line, laptop computers

Beijing, China - June 12, 2019 (CCTV - No access Chinese mainland)
4. SOUNDBITE (Chinese) Zhu Guangyao, deputy inspector, Department of Trade in Services and Commercial Services, China's Ministry of Commerce:
"Knowledge-intensive service has an outstanding performance. With steady progress of China's supply-side structural reform and better competitiveness of production service, knowledge-intensive service trade with high added value and high tech moves forward. From January to April, knowledge-intensive service trade reached 597.28 billion yuan (about 86.38 billion U.S. dollars), up 12.7 percent, 8.6 percentage points higher than the overall service trade growth. It accounted for 34.2 percent of the total service trade, up 2.5 percentage points year on year."

FILE: Shanghai Municipality, east China - Date Unknown (CCTV - No access Chinese mainland)
5. Various of people working, big monitor on wall

FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
6. Various of people working

Storyline


China's service trade climbed 4.1 percent year on year to 1.74 trillion yuan (about 252.84 billion U.S. dollars) in the first four months of the year, according to the data released by the Ministry of Commerce on Wednesday.

In breakdown, service exports rose 10.1 percent during the period, while that of imports gained 1.1 percent, leading to a deficit of 506.06 billion yuan (about 73.18 billion U.S. dollars) in service trade, down 9.7 percent from one year earlier.

"The growth rate of service imports and exports went up remarkably. In April, China's service production index reached 7.4 percent, the second high since last September, driving a rapid growth of service trade. Service imports and experts registered a growth rate of 9 percent in April, 6.8 percentage points up from March, and it lifted service trade growth in the first four months up by 1.5 percentage points. This shows China's service trade continued to retain an overall momentum of sustained and sound growth," said Zhu Guangyao, deputy inspector of Department of Trade in Services and Commercial Services under the Ministry of Commerce,

Thanks to favorable policy about tax cuts and innovation, China's service export sustained its two-digit growth in the first four months and it accounted for 35.5 percent of the total service trade, up 1.9 percentage points year on year, Zhu said.

"Knowledge-intensive service has an outstanding performance. With steady progress of China's supply-side structural reform and better competitiveness of production service, knowledge-intensive service trade with high added value and high tech moves forward. From January to April, knowledge-intensive service trade reached 597.28 billion yuan (about 86.38 billion U.S. dollars), up 12.7 percent, 8.6 percentage points higher than the overall service trade growth. It accounted for 34.2 percent of the total service trade, up 2.5 percentage points year on year," Zhu said.

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  • ID : 8113059
  • Published : 2019-06-12 14:49
  • Last Modified : 2019-06-12 21:56:37
  • Location : Beijing,China
  • Category : economy, business and finance
  • Duration : 1'31
  • Audio Language : Chinese/Nats/Part Mute
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1
  • ID : 8113059
  • Published : 2019-06-12 21:44
  • Last Modified : 2019-06-12 21:56:37
  • Location : بكين,الصين
  • Category : economy, business and finance
  • Duration : 1'31
  • Audio Language : الصينية/الصوت الطبيعي/صامت جزئيا
  • Source : China Central Television (CCTV)
  • Restrictions : No access Chinese mainland
  • Version : 1

China-Service Trade

China's service trade up 4.1 pct in first four months

Dateline : June 12, 2019/File

Location : Beijing,China

Duration : 1'31

  • English
  • العربية


Beijing, China - June 12, 2019 (CCTV - No access Chinese mainland)
1. Zhu Guangyao, deputy inspector of Department of Trade in Services and Commercial Services under China's Ministry of Commerce, at interview
2. SOUNDBITE (Chinese) Zhu Guangyao, deputy inspector, Department of Trade in Services and Commercial Services, China's Ministry of Commerce:
"The growth rate of service imports and exports went up remarkably. In April, China's service production index reached 7.4 percent, the second high since last September, driving a rapid growth of service trade. Service imports and experts registered a growth rate of 9 percent in April, 6.8 percentage points up from March, and it lifted service trade growth in the first four months up by 1.5 percentage points. This shows China's service trade continued to retain an overall momentum of sustained and sound growth."

FILE: China - Exact Date and Location Unknown (CCTV - No access Chinese mainland)
3. Various of workers, production line, laptop computers

Beijing, China - June 12, 2019 (CCTV - No access Chinese mainland)
4. SOUNDBITE (Chinese) Zhu Guangyao, deputy inspector, Department of Trade in Services and Commercial Services, China's Ministry of Commerce:
"Knowledge-intensive service has an outstanding performance. With steady progress of China's supply-side structural reform and better competitiveness of production service, knowledge-intensive service trade with high added value and high tech moves forward. From January to April, knowledge-intensive service trade reached 597.28 billion yuan (about 86.38 billion U.S. dollars), up 12.7 percent, 8.6 percentage points higher than the overall service trade growth. It accounted for 34.2 percent of the total service trade, up 2.5 percentage points year on year."

FILE: Shanghai Municipality, east China - Date Unknown (CCTV - No access Chinese mainland)
5. Various of people working, big monitor on wall

FILE: Suzhou City, Jiangsu Province, east China - Date Unknown (CCTV - No access Chinese mainland)
6. Various of people working


China's service trade climbed 4.1 percent year on year to 1.74 trillion yuan (about 252.84 billion U.S. dollars) in the first four months of the year, according to the data released by the Ministry of Commerce on Wednesday.

In breakdown, service exports rose 10.1 percent during the period, while that of imports gained 1.1 percent, leading to a deficit of 506.06 billion yuan (about 73.18 billion U.S. dollars) in service trade, down 9.7 percent from one year earlier.

"The growth rate of service imports and exports went up remarkably. In April, China's service production index reached 7.4 percent, the second high since last September, driving a rapid growth of service trade. Service imports and experts registered a growth rate of 9 percent in April, 6.8 percentage points up from March, and it lifted service trade growth in the first four months up by 1.5 percentage points. This shows China's service trade continued to retain an overall momentum of sustained and sound growth," said Zhu Guangyao, deputy inspector of Department of Trade in Services and Commercial Services under the Ministry of Commerce,

Thanks to favorable policy about tax cuts and innovation, China's service export sustained its two-digit growth in the first four months and it accounted for 35.5 percent of the total service trade, up 1.9 percentage points year on year, Zhu said.

"Knowledge-intensive service has an outstanding performance. With steady progress of China's supply-side structural reform and better competitiveness of production service, knowledge-intensive service trade with high added value and high tech moves forward. From January to April, knowledge-intensive service trade reached 597.28 billion yuan (about 86.38 billion U.S. dollars), up 12.7 percent, 8.6 percentage points higher than the overall service trade growth. It accounted for 34.2 percent of the total service trade, up 2.5 percentage points year on year," Zhu said.

ID : 8113059

Published : 2019-06-12 14:49

Last Modified : 2019-06-12 21:56:37

Source : China Central Television (CCTV)

Restrictions : No access Chinese mainland

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