Ministry of Commerce: China's total service import and export volume from January to October was 65,844.3 billion yuan, an increase of 7.5% year-on-year.

On December 3, the head of the Department of Trade in Services of the Ministry of Commerce introduced the development of service trade in the first ten months of 2025. From January to October 2025, China's service trade steadily increased, with the total value of service imports and exports reaching 6584.3 billion yuan, an increase of 7.5% compared to the same period last year. Of this total, exports were 2909.3 billion yuan, an increase of 14.3%; imports were 3675.4 billion yuan, an increase of 2.6%; and the service trade deficit was 766.37 billion yuan, a decrease of 269.39 billion yuan compared to the same period last year. The main characteristics are as follows: Knowledge-intensive service trade continued to grow. From January to October, the import and export of knowledge-intensive services reached 2512.15 billion yuan, an increase of 6.4%. Among them, the import and export of other commercial services, telecommunications, computer and information services were 1069.81 billion yuan, 8836.9 billion yuan, with growth rates of 4.2% and 9.9% respectively. The export of knowledge-intensive services was 1468.79 billion yuan, an increase of 9.5%; the import of knowledge-intensive services was 1043.36 billion yuan, an increase of 2.3%; and the surplus was 425.43 billion yuan, an increase of 103.6 billion yuan compared to the same period last year. The export of travel services grew rapidly. From January to October, the travel services sector grew rapidly, with imports and exports reaching 1812.54 billion yuan, an increase of 8.5%. Among them, exports grew by 52.5% and imports grew by 2.3%. This article is excerpted from the official website of the Ministry of Commerce, edited by GMTEight: Liu Jiayin.