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5 months ago
China will ease deficit in services trade by 2020: commerce ministry
March 9, 2017 / 11:55 AM / 5 months ago

China will ease deficit in services trade by 2020: commerce ministry

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BEIJING (Reuters) - China will ease its services trade deficit between 2016 and 2020, the Ministry of Commerce said on Thursday in its five-year plan for the country's services trade.

It also said China will achieve yuan convertibility on capital account in an orderly way and will further improve its market-based foreign exchange mechanism.

Reporting by Beijing Monitoring Desk; Editing by Richard Borsuk

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