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)