China sets up 30 billion yuan fund to boost services trade industry: Xinhua

China sets up 30 billion yuan fund to boost services trade industry: Xinhua

Thomas White

The fund was jointly set up by the Ministry of Finance, Ministry of Commerce and China Merchants Capital Investment, Xinhua said.

Latest government data showed China's services trade deficit for the January-November period last year stood at $234.8 billion.

(Reporting by Stella Qiu and Beijing Monitoring Desk)

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