Business · Trade · 1 hr ago
China’s service trade reached 5.07 trillion yuan in January-August
China’s service trade totalled 5.07 trillion yuan from January through August 2026.
That covers services sold to and bought from other countries, and the total was up 7.9% from a year earlier.
China exported services worth 2 trillion yuan and imported services worth 3.07 trillion yuan.
Its service trade deficit narrowed by 145.12 billion yuan compared with the same period a year earlier.
Travel and transport exports helped drive growth, contributing nearly half of the increase in service exports.
Knowledge-intensive services made up 44% of total service trade, while exports of these services accounted for 53.7% of all service exports.
China’s service trade totaled 5.07016 trillion yuan in January-August 2026, up 7.9% from a year earlier.
Exports rose 14.8% to 1.99961 trillion yuan, while imports increased 3.8% to 3.07055 trillion yuan.
The service trade deficit narrowed by 145.12 billion yuan to 1.07094 trillion yuan.
Travel and transport service exports together accounted for nearly half of the growth in overall service exports.
Knowledge-intensive services made up 44% of total service trade, and 53.7% of service exports.
- Who
- China’s Ministry of Commerce reported the figures.
- What
- China’s service trade totaled 5.07016 trillion yuan in January-August 2026, up 7.9% year on year.
- When
- January-August 2026; the figures were reported on October 13, 2026.
- Where
- China.
- Why
- The sources do not state a specific reason for the overall increase. Travel and transport service exports contributed nearly half of service export growth.
This story does not have two clearly opposing sides.
China’s service trade totaled 5.07016 trillion yuan, up 7.9% year on year.
China News Service reported the Ministry of Commerce figures.
- Total service trade
- 50,701.6 billion yuan
- Year-on-year growth
- 7.9%
- Exports
- 19,996.1 billion yuan, up 14.8%
- Imports
- 30,705.5 billion yuan, up 3.8%
- Service trade deficit
- 10,709.4 billion yuan, down 1,451.2 billion yuan year on year
- Knowledge-intensive services’ share of total trade
- 44%
Sources
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