The Ministry of Commerce: IP Export Hit 14.94 Billion Yuan in the First Half of 2017

October 21, 2017
Recently the Ministry of Commerce has released statistics of China imports and exports in the first half of 2017. It’s reported that China has achieved double-digit growth in service imports and exports in the first half of 2017, with a total import and export volume of 2287.14 billion yuan, up 12.9%. Among them, exports hit 695.09 billion yuan, up 5.6%; imports 1592.05 billion yuan, 16.5%, with 899.66-billion-yuan deficit.
It’s noteworthy that IP service exports amounted to 14.94 billion yuan, up 458.4%, which continues the rapid growth since this year.