App | 中文 |

Services now main drivers of China’s growth

Updated: Jan 19,2016 9:16 AM

Services are now the main drivers of China’s growth. In the third quarter, a broad category called “other” services — which includes healthcare, education, law, and accounting among others — boosted China’s strong headline growth figure.

In addition to “other” services, financial services were a major contributor to overall growth through the first three quarters as China’s stock market boom early in the year drove trading commissions and other brokerage services.

--Financial Times on Jan 19