Services need investment boost

Investors will soon get much wider access to China's service industries in bid to boost the sector's role in the national economy, Vice-Premier Zeng Peiyan told a meeting in Beijing. Speaking to a group of international business leaders that included Microsoft boss Bill Gates, he said a thriving service sector was an important part of China's drive for industrialization. At present China's service or tertiary industries account for 32.3% of its entire economy, below the average for developing countries of about 45% and up to 64% for industrialized economies, the China Daily reported.