China is the economy with the fastest growth rate in digital services trade.
On September 26th, the "China Digital Trade Development Report 2025" was released at this year's digital trading conference. The report shows that in 2024, China's trade volume of digitalized services reached 2.9 trillion yuan, an increase of 6.5% compared to the previous year. In the first half of 2025, China's trade volume of digitalized services reached 1.5 trillion yuan, an increase of 6% compared to the same period last year. Cross-border e-commerce imports and exports reached 1.32 trillion yuan, an increase of 5.7%, reaching a new historical high. The report mentioned that China has significant advantages in digital technology trade, with exports of telecommunications, computers, information services, and other business services ranking among the top in the world. The growth rate of digital service trade far exceeds the global average, making China the fastest-growing economy in terms of digital service trade globally.
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