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China's service trade deficit decrease in the first ten months of this year due to stronger competitiveness, shifting from the deficit increase trend in the past few years.
Deputy commerce minister Zhang Zhigang says China's foreign trade volume totaled over 920 billion U.S dollars in the first ten months, an increase of 35 percent over the same period of last year.
This year China is expected to rise to the third place in the global trade list.
But there are still many problems in the area including low export quality and efficiency, as well as frequent trade conflicts.
(CRI.com November 30, 2004)
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