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China's Trade in Services grew fast in 2007
2008-06-12 05:19
  From:Department of Trade in Services     Article type:Original

China's trade in services (government services not included) import and export grew fast and the deficit contracted obviously in 2007. The total import and export volume reached 250.91 billion dollars, up by 30.9% compared with that in 2006.

The total export volume reached 121.65 billion dollars, up by 33.1%; the total import volume reached 129.26 billion dollars, up by 28.8%; the deficit was 7.61 billion dollars, down by 14.6% compared with that in 2006 and 20.3% with the highest level in 2004. Trade in services export and import value was the 7th and 5th largest and up by 1 and 2 rank in the world. China Hong Kong, the U.S., Japan, and Korea were China's biggest trade partners.

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