Ministry of Commerce: By 2025, the export scale of travel services will reach 3939.8 billion yuan, a year-on-year increase of 49.5%.
Recently, the Ministry of Commerce, together with relevant departments, issued the "Policy Measures to Promote the Export of Travel Services and Expand Inbound Consumption." Ministry of Commerce spokesperson He Yongqian stated that travel services include individual travel, study abroad, medical treatment, and various business travels, making it the largest sector in China's service trade, accounting for more than a quarter of the total volume of service trade. In recent years, China has continuously introduced a series of measures such as service standardization, visa facilitation, and international payment to optimize the international consumption environment and enhance the attractiveness of inbound consumption. "China Travel" has become a new trend for overseas tourists, with the export scale of travel services reaching 393.98 billion RMB by 2025, a year-on-year increase of 49.5%, making it the fastest-growing sector in service exports, but the export scale is still smaller than the import. The next step will be to work with various departments and regions to promote policy measures to take effect as soon as possible, optimize the inbound consumption environment, expand service exports, and explore new space for service consumption.
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