Chinese shares close mixed Wednesday

Chinese stocks closed mixed on Wednesday, with the benchmark Shanghai Composite Index up 0.09 percent to 3,968.84 points.

The Shenzhen Component Index closed 0.58 percent lower at 13,525.02 points.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.23 percent to close at 3,203.17 points. The ChiNext Index, together with the Shenzhen Component Index and other indices, reflects the performance of stocks listed on the Shenzhen Stock Exchange.

China's service imports and exports totaled 7.2 trillion yuan (about 1.03 trillion in U.S. dollars) from January to November this year, marking a 7.1 percent year-over-year increase, according to data released by the Department of Trade in Services of the Ministry of Commerce on Wednesday.

In the 11-month period, service exports totaled 3,198.01 billion yuan, growing 13.4 percent, while imports amounted to 4,004.36 billion, up 2.5 percent.

The services trade deficit narrowed to 806.35 billion yuan, a reduction of 279.63 billion from the same period last year.

The data shows continued growth in knowledge-intensive services, registering 2,730.57 billion yuan in total import and export, an increase of 5.6 percent from the same period last year.

Exports of knowledge-intensive services rose 8.5 percent to 1,601.47 billion yuan, while imports grew 1.7 percent to 1,129.10 billion, yielding a surplus of 472.37 billion yuan, 106.74 billion larger than a year earlier.

Travel services also grew rapidly during the 11 months, totaling 1,976.27 billion yuan in import and export, up 8.2 percent. Exports soared 51.3 percent year on year, while imports edged up 1.9 percent.