Briefly

Service outsourcing posts steady growth

China's service outsourcing industry posted steady expansion in the first seven months, said the Ministry of Commerce. Chinese firms signed service outsourcing contracts worth about 1.09 trillion yuan ($160.42 billion) in the January-July period, up 12.1 percent year-on-year. Executed contract value came in at 735.1 billion yuan during the period, up 13.1 percent.

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