App

China's services trade sees notable growth in first 7 months
Updated: September 5, 2025 15:06 Xinhua

BEIJING, Sept. 5 -- China's services trade posted solid growth in the first seven months of 2025, with a steep increase in the trade of travel-related services, official data showed on Friday.

The country's services trade volume reached 4.58 trillion yuan (about 644.2 billion U.S. dollars) during this period, up 8.2 percent year on year, according to the Ministry of Commerce.

Services exports reached nearly 2 trillion yuan, an increase of 15.3 percent from a year earlier, while services imports rose 3.3 percent to 2.58 trillion yuan, resulting in a deficit of 581.56 billion yuan.

Trade in travel-related services maintained strong growth momentum, surging 10.4 percent year on year to 1.26 trillion yuan. Notably, exports jumped 62.9 percent.

Meanwhile, trade in knowledge-intensive services increased by 6.8 percent year on year to over 1.77 trillion yuan.

Copyright© www.gov.cn | About us

Website Identification Code bm01000001 Registration Number: 05070218

All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to www.gov.cn.

Without written authorization from www.gov.cn, such content shall not be republished or used in any form.

Mobile

Desktop

Copyright© www.gov.cn

Website Identification Code bm01000001

Registration Number: 05070218