China's economic, social progress in 2023: Service sector unleashing huge potential

2024-March-7 09:45 By: neamco.com

In 2023, China’s service sector has shown strong resilience to shore up economic growth. In general, the sector saw its value-added output rise 5.8 percent year on year, accounting for 54.6 percent of GDP, official data revealed.

Here are some key figures offering a glimpse into China’s robust service sector in 2023:

China's economic, social progress in 2023: Service sector unleashing huge potential

- The total freight traffic in 2023 reached 55.7 billion tons, up by 8.1 percent over the previous year.

- In 2023, the total passenger traffic was 9.3 billion person-times, up by 66.5 percent over 2022, and the passenger flows were 2,861.0 billion person-kilometers, up by 121.4 percent.

- The total number of motor vehicles for civilian use reached 336.18 million (including 7.06 million tri-wheel motor vehicles and low-speed trucks) by the end of 2023.

- In 2023, the volume of postal and delivery services totaled 162.5 billion, up by 16.8 percent over the previous year.

- The number of internet users was 1.092 billion, 1.091 billion of which were mobile internet surfers.

 

Source: National Bureau of Statistics of China

 

Editor: WXL
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