China Service Sector = Continues to Drive Economic Growth China Service Sector Output as % of Nominal GDP 60% na Chi , 30% DP G % of 0% 1968 1973 1978 1983 1988 1993 1998 2003 2008 2013 2018 Source: China National Bureau of Statistics, Morgan Stanley Research Note: Service sector defined as all industries outside of agriculture, forestry, animal husbandry & fishery industries (except support Internet Trends services to agriculture, forestry, animal husbandry & fishery industries), mining (except auxiliary activities of mining), manufacturing 297 2019 (except repairs for metal products, machinery & equipment), production & supply of electricity, steam, gas, water, & construction.

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