logo

Beijing's service sector contributes 38.7pc of GDP in first 3Q

Monday, 5 November 2007


BEIJING, Nov 4 (Xinhua): China's service sector made a smaller contribution to the country's gross domestic product (GDP) in the first three quarters, despite the rapid growth of the sector, said the top economic planner Friday.
The proportion stood at 38.7 per cent, down 3.3 and 0.5 percentage points respectively compared with those for the first quarter and the first half, said Xia Nong, a deputy head of the industrial policy department of the National Development and Reform Commission (NDRC) at a press conference held in Beijing.
The growth of the service sector quickened in the first nine months over the same period a year earlier by 1.5 percentage points, up 1.1 and 0.4 percentage points over the first quarter and the first half.