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Impressive change to service-oriented economy

Updated: Mar 7,2016 11:27 AM     China Daily

The change in the composition of output from an industrial to service-oriented economy has been impressive. Chinese consumers will begin to enjoy the fruits of their labor. The service sector of the economy, which has exceeded 50 percent of GDP, includes sectors such as healthcare, social services, sports and entertainment.

-- Sung Won Sohn, professor of economics at California State University Channel Islands in Camarillo, California

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