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China expects service imports to reach $2.5 trillion over five years: Shanghai Securities News - Metro US

China expects service imports to reach $2.5 trillion over five years: Shanghai Securities News

Outbreak of the coronavirus disease (COVID-19) in Beijing

BEIJING (Reuters) – China’s Ministry of Commerce expects the country’s service imports to reach $2.5 trillion over the next five years, the official Shanghai Securities News said, citing a report from the ministry.

The ministry also said China will relax foreign ownership limits on value-added telecommunications services, business services, and transportation in an orderly way, said the report.

(Reporting by Gabriel Crossley and Beijing newsroom; Editing by Muralikumar Anantharaman)

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