GDP From Services in China increased to 247743 CNY HML in the second quarter of 2019 from 122316.90 CNY HML in the first quarter of 2019. GDP From Services in China averaged 89572.12 CNY HML from 1992 until 2019, reaching an all time high of 469574.60 CNY HML in the fourth quarter of 2018 and a record low of 2212.70 CNY HML in the first quarter of 1992.
GDP From Services in China is expected to be 367210.93 CNY HML by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP From Services in China to stand at 497750.00 in 12 months time. In the long-term, the China GDP Tertiary Industry is projected to trend around 557688.50 CNY HML in 2020, according to our econometric models.