
SHANGHAI, Nov. 6 (Xinhua) -- The United States has become China's largest source of service imports, contributing the most to China's deficit in service trade in 2019, according to the Ministry of Commerce.
China's service imports from the United States amounted to 257.45 billion U.S. dollars since the 19th National Congress of the Communist Party of China in 2017, the ministry said Friday in a report released on the sidelines of the ongoing third China International Import Expo.
The defining feature of China-U.S. trade-in-services cooperation is mutually beneficial, said the report, noting that U.S. companies have played an active role in the development of China's service trade.
Meanwhile, China's service imports have substantially met the needs of U.S. service exporters, which have gained substantial profits and returns, thus promoting the development of the U.S. economy, it said.
However, the economic and trade frictions between China and the United States have significantly affected China's import of services from the United States, the report noted.
In 2019, China's service imports from the United States dropped by 4 percent year on year to 83.47 billion U.S. dollars, which accounted for 16.6 percent of China's total service imports, data from the ministry showed.
Fire brigade in Shanghai holds group wedding
Tourists enjoy ice sculptures in Datan Town, north China
Sunset scenery of Dayan Pagoda in Xi'an
Tourists have fun at scenic spot in Nanlong Town, NW China
Harbin attracts tourists by making best use of ice in winter
In pics: FIS Alpine Ski Women's World Cup Slalom
Black-necked cranes rest at reservoir in Lhunzhub County, Lhasa
China's FAST telescope will be available to foreign scientists in April
"She power" plays indispensable role in poverty alleviation
Top 10 world news events of People's Daily in 2020
Top 10 China news events of People's Daily in 2020
Top 10 media buzzwords of 2020
Year-ender:10 major tourism stories of 2020
No interference in Venezuelan issues
Biz prepares for trade spat
Broadcasting Continent
Australia wins Chinese CEOs as US loses