16 November 2018

New services trade policy out soon, paper says

The government is expected to publish a new policy to promote the country’s services trade, China Securities Journal reported Thursday, citing industry sources. The measures are intended to speed up exports of services. These include allowing outsourcing contractors to raise funds directly from the market and preferred tax rates for qualified service exporters, the report said. Outsourcing companies won offshore contracts worth US$53.41 billion in the 11 months to November, up 47.8 percent year on year, official data shows. The Ministry of Commerce is targeting US$85 billion by 2015, the report said.   

– Contact HKEJ [email protected]




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