Economy

Shanghai's service trade volume exceeds $100b

(Peopledaily.com.cn)
Updated: 2011-05-13 15:44

According to the latest data released by the Commerce Department of China, Shanghai's total export-import volume of service trade in 2010 is $104.67 billion, a 40 percent year-on-year growth, with exports totaling $40.6 billion and the imports, $64.03 billion.

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In 2010, Shanghai's trade in services has made a great contribution to the local economy, climbing up to 22.1 percent of the total volume of the Shanghai's international trade and 41.2 percent of the city’s total output value.