The person in charge of the Ministry of Commerce's Department of Trade in Services introduced the development of service trade from January to October 2025.

date
03/12/2025
From January to October 2025, China's service trade steadily increased, with the total volume of service imports and exports reaching 6584.3 billion yuan, a year-on-year increase of 7.5%. Among them, exports were 2909.3 billion yuan, an increase of 14.3%; imports were 3675.4 billion yuan, an increase of 2.6%; the service trade deficit was 766.37 billion yuan, a decrease of 269.39 billion yuan compared to the same period last year. It mainly presents the following characteristics: Knowledge-intensive service trade is growing. 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 business services, telecommunications, computer, and information services were 1069.81 billion yuan and 883.69 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%; 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 has grown rapidly. From January to October, the growth of travel services was fast, with imports and exports reaching 1812.54 billion yuan, an increase of 8.5%. Among them, exports increased by 52.5% and imports increased by 2.3%.