China's service trade up 8.7 pct in first 10 months

BEIJING, Dec. 1 (Xinhua) -- China's service trade value grew 8.7 percent year on year in the first 10 months of this year, data from the Ministry of Commerce showed Friday.

The service trade value exceeded 5.34 trillion yuan (about 751.65 billion U.S. dollars) during the January-October period.

Of the total, service imports climbed 23.5 percent year on year to over 3.16 trillion yuan, while service exports fell 7.4 percent from a year ago to 2.18 trillion yuan.