服务贸易总额增长8% 旅行服务出口成亮点

Core Insights - The total service trade volume in China reached 38,872.6 billion yuan in the first half of the year, marking an 8.0% year-on-year increase, with knowledge-intensive services leading the growth at 6.0% [1] - Travel service exports experienced explosive growth, increasing by 68.7%, highlighting a shift in consumer behavior towards experience consumption [1][4] Knowledge-Intensive Services Growth - Knowledge-intensive service imports and exports totaled 15,025.4 billion yuan, accounting for 38.7% of the total service trade, with telecommunications, computer, and information services leading the sub-sectors at 12.7% growth [3] - The export share of knowledge-intensive services reached 51.5%, up 1.2 percentage points from the previous year, indicating China's rising position in the global value chain [3] Travel Service Export Boom - Travel services became the largest segment of service trade, with imports and exports totaling 10,802.9 billion yuan, a 12.3% increase, and exports growing by 68.7% [4] - Policy incentives such as visa exemptions and tax refunds have significantly boosted international tourism, with Shanghai seeing a 37.73% increase in inbound tourists compared to the previous year [4] Cross-Border E-Commerce Impact - The rise of cross-border e-commerce has driven innovation in service trade models, with Zhejiang province's goods trade reaching 27.3 trillion yuan, a 6.6% increase, and online retail sales growing by 8.5% [5] Structural Balance in Service Trade - The service trade is experiencing a "quantity and quality" improvement, with knowledge-intensive and travel services acting as dual engines for growth, reflecting a shift towards high-value sectors [6] - The outlook for the second half of the year suggests continued strong growth in knowledge-intensive services and a recovery in travel services due to restored international routes and favorable policies [6] Policy Recommendations for Service Trade - Increased policy support is recommended to guide social capital into productive service sectors, enhance the international competitiveness of service trade, and improve the quality and efficiency of the productive service industry through technology and talent development [7]