CHINA China's service sector import to hit $2.5t in 5 years

CHINA

China's service sector import to hit $2.5t in 5 years

China Daily

10:35, November 06, 2020

Mascots of the China International Import Expo (CIIE) are seen at the National Exhibition and Convention Center (Shanghai), a main venue for the 3rd CIIE, in Shanghai, Nov 2, 2020. (Photo: Xinhua)

The scale of China's service import is expected to reach $2.5 trillion in the next five years, said the Ministry of Commerce at the 3rd China International Import Expo on Friday, according to the Shanghai Securities News.

The ministry released a report on China's Service Import on the second day of the 3rd CIIE. According to the report, the COVID-19 epidemic has had a temporary impact on the Chinese economy, but the fundamentals of the long-term positive development of the Chinese economy have not changed. The Chinese people's aspiration for a better life and China's long-term goal of service import have not changed as well, said the report.


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