Ministry of Commerce: From January to June, China's total service import and export volume reached 37,797.5 billion yuan, an increase of 8.3% year-on-year.

On August 4, the head of the Department of Service Trade of the Ministry of Commerce introduced the development of service trade from January to June 2026. From January to June 2026, China's total import and export volume of services reached 37,797.5 billion yuan (RMB, the same below), a year-on-year increase of 8.3%. Among them, exports were 15,047 billion yuan, an increase of 17.6%; imports were 22,750.5 billion yuan, an increase of 2.9%. The service trade deficit stood at 7,703.5 billion yuan, narrowing by 1,614.2 billion yuan compared to the same period last year. The main characteristics are as follows: The proportion of knowledge-intensive service exports exceeded half. From January to June, the import and export of knowledge-intensive services reached 16,634 billion yuan, an increase of 6.7%, accounting for 44% of the total service trade. Knowledge-intensive service exports were 8,056.7 billion yuan, an increase of 12.8%, accounting for 53.5% of total service exports. Among them, exports of personal cultural and entertainment services and intellectual property fees grew the fastest, with growth rates of 57.2% and 44.3%, respectively. Knowledge-intensive service imports were 8,577.3 billion yuan, an increase of 1.4%. Travel service exports and transportation service imports grew rapidly. From January to June, travel service exports were 2,292 billion yuan, an increase of 31.1%, the fastest growth among the top five service export sectors; transportation service imports were 4,981 billion yuan, an increase of 30.4%, the fastest growth among the top five service import sectors. This article is compiled from the Ministry of Commerce, GMTEight, edited by Chen Wenfang.