In the first eight months of this year, China's service trade exports increased by 14.8% year-on-year.
The Ministry of Commerce released data on the 13th showing that in the first eight months of this year, China's services trade maintained relatively rapid growth, with travel, transport, and knowledge-intensive services exports performing notably well. The data show that from January to August this year, China's total services imports and exports reached 5,070.16 billion yuan, up 7.9 percent year on year. Of this, exports were 1,999.61 billion yuan, up 14.8 percent year on year; imports were 3,070.55 billion yuan, up 3.8 percent year on year. The services trade deficit narrowed by 145.12 billion yuan year on year.
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