Ministry of Commerce: In the first eight months, China's total trade in services reached 5,070.16 billion yuan, up 7.9% year on year.

On October 13, an official from the Department of Trade in Services and Commercial Services of the Ministry of Commerce introduced the development of trade in services from January to August 2026. From January to August 2026, China's total trade in services reached 5,070.16 billion yuan (RMB, the same below), up 7.9% year on year. Among this, exports were 1,999.61 billion yuan, up 14.8%; imports were 3,070.55 billion yuan, up 3.8%. The trade deficit in services was 1,070.94 billion yuan, narrowing by 145.12 billion yuan year on year. The original text is as follows: An official from the Department of Trade in Services and Commercial Services of the Ministry of Commerce introduced the development of trade in services from January to August 2026. From January to August 2026, China's total trade in services reached 5,070.16 billion yuan (RMB, the same below), up 7.9% year on year. Among this, exports were 1,999.61 billion yuan, up 14.8%; imports were 3,070.55 billion yuan, up 3.8%. The trade deficit in services was 1,070.94 billion yuan, narrowing by 145.12 billion yuan year on year. The main features are as follows: Exports of travel and transport services contributed nearly 50% to the overall growth of service exports. From January to August, exports of travel services were 275.17 billion yuan, up 15.3%, and exports of transport services were 420.26 billion yuan, up 28.2%. The contribution rates of travel and transport service exports to the overall growth of service exports were 14.1% and 35.8%, respectively. Knowledge-intensive services accounted for more than half of service exports. From January to August, imports and exports of knowledge-intensive services were 2,231.4 billion yuan, up 6.6%, accounting for 44% of the total trade in services. Exports of knowledge-intensive services were 1,074.47 billion yuan, up 10.9%, accounting for 53.7% of service exports; among these, personal, cultural and entertainment services and financial services grew the fastest, with growth rates of 66% and 21.6%, respectively. Imports of knowledge-intensive services were 1,156.93 billion yuan, up 2.8%, accounting for 37.7% of service imports. This article is compiled from the Ministry of Commerce. GMTEight editor: Chen Siyu.