同比增长8% 上半年服务贸易稳步增长

Core Insights - The service trade in China has gained prominence alongside goods trade, with a total service trade volume of 38,872.6 billion yuan in the first half of the year, reflecting an 8% year-on-year growth [1] - Knowledge-intensive service trade continues to lead with a growth rate of 6%, driven by advancements in technologies such as artificial intelligence and cloud computing, positioning China as a significant player in global service trade growth [1][6] Service Trade Breakdown - Knowledge-intensive services accounted for 15,025.4 billion yuan, representing 38.7% of the total service trade, with telecommunications, computer, and information services leading the sub-sectors at a growth rate of 12.7% [5] - Travel services emerged as the largest sector in service trade, with imports and exports reaching 10,802.9 billion yuan, marking a 12.3% increase, and exports growing by 68.7% [7] Structural Changes and Innovations - The shift from labor-intensive to technology-intensive production services is evident, enhancing the value-added in manufacturing and optimizing the structure of service trade [5][6] - The rise of cross-border e-commerce has spurred innovation in service trade models, with Zhejiang province reporting a 6.6% year-on-year increase in goods trade, highlighting the dual-driven growth of online and offline retail [8] Future Trends - Knowledge-intensive services are expected to maintain rapid growth, supported by China's robust digital economy and continuous innovation investments, serving as a stabilizing force for service trade [9] - The recovery of international flights and the impact of facilitation policies are anticipated to sustain the growth of travel service trade, with an increase in inbound tourism expected to boost service trade exports [9] Policy Recommendations - Increased policy support is suggested to guide social capital into productive service sectors, enhancing the international competitiveness of service trade [10] - Emphasis on talent development and technological innovation is recommended to improve the quality and efficiency of productive services [10]