Core Insights - The total service trade import and export amount reached 45,781.6 billion yuan in the first seven months, showing a year-on-year growth of 8.2% [1] Group 1: Service Trade Performance - Travel service exports experienced the fastest growth, reaching 12,594.6 billion yuan, with an increase of 10.4% [1] - Service exports totaled 19,983 billion yuan, reflecting a growth of 15.3%, while service imports were 25,798.6 billion yuan, growing by 3.3% [1] - The service trade deficit was 5,815.6 billion yuan, which is a reduction of 1,836.2 billion yuan compared to the same period last year [1] Group 2: Knowledge-Intensive Services - Knowledge-intensive service trade maintained growth, with a total of 17,756 billion yuan in imports and exports, increasing by 6.8% [1] - Other business services and telecommunications, computer, and information services had import and export amounts of 7,509.7 billion yuan and 6,268 billion yuan, with growth rates of 3.4% and 12.6% respectively [1] - Knowledge-intensive service exports reached 10,253.3 billion yuan, growing by 8.6%, while imports were 7,502.7 billion yuan, increasing by 4.6%, resulting in a surplus of 2,750.6 billion yuan, which is an expansion of 482.7 billion yuan compared to the previous year [1]

Group 1 - The total service trade in China for the first seven months of the year reached 45,781.6 billion yuan, showing a year-on-year growth of 8.2% [1] - Service exports amounted to 19,983 billion yuan, increasing by 15.3%, while imports were 25,798.6 billion yuan, with a growth of 3.3% [1] - Knowledge-intensive service trade continued to grow, with a total of 17,756 billion yuan in imports and exports, reflecting a year-on-year increase of 6.8% [1] Group 2 - Knowledge-intensive service exports reached 10,253.3 billion yuan, growing by 8.6%, while imports were 7,502.7 billion yuan, increasing by 4.6% [1] - The surplus in knowledge-intensive services expanded to 2,750.6 billion yuan, an increase of 482.7 billion yuan compared to the same period last year [1] - Travel services experienced the fastest growth, with total imports and exports reaching 12,594.6 billion yuan, a year-on-year increase of 10.4% [1] Group 3 - Travel service exports surged by 62.9%, while imports grew by 3.9% during the same period [1]

Core Insights - The service trade in China showed steady growth from January to July 2025, with a total import and export value of 45,781.6 billion RMB, reflecting an 8.2% year-on-year increase [1] Group 1: Overall Service Trade Performance - Total service exports reached 19,983 billion RMB, marking a 15.3% increase [1] - Total service imports amounted to 25,798.6 billion RMB, with a growth of 3.3% [1] - The service trade deficit was 5,815.6 billion RMB, which is a reduction of 1,836.2 billion RMB compared to the same period last year [1] Group 2: Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with a total import and export value of 17,756 billion RMB, increasing by 6.8% [2] - Specific segments such as other business services and telecommunications, computer, and information services had import and export values of 7,509.7 billion RMB and 6,268 billion RMB, with growth rates of 3.4% and 12.6% respectively [2] - Knowledge-intensive service exports were 10,253.3 billion RMB, up by 8.6%, while imports were 7,502.7 billion RMB, growing by 4.6% [2] - The surplus in knowledge-intensive services expanded to 2,750.6 billion RMB, an increase of 482.7 billion RMB year-on-year [2] Group 3: Travel Services - Travel services experienced the fastest growth, with total import and export value reaching 12,594.6 billion RMB, a 10.4% increase [2] - Travel service exports surged by 62.9%, while imports grew by 3.9% [2]

Core Insights - China's service trade showed steady growth in the first seven months of 2025, with total service import and export amounting to 45,781.6 billion yuan, a year-on-year increase of 8.2% [1] Service Trade Overview - Service exports reached 19,983 billion yuan, reflecting a year-on-year growth of 15.3% [1] - Service imports totaled 25,798.6 billion yuan, with a year-on-year increase of 3.3% [1] - The service trade deficit was 5,815.6 billion yuan, which is a reduction of 1,836.2 billion yuan compared to the same period last year [1] Knowledge-Intensive Services - Knowledge-intensive service trade maintained growth, with imports and exports totaling 17,756 billion yuan, a year-on-year increase of 6.8% [1] - Specific segments such as other business services and telecommunications, computer, and information services had imports and exports of 7,509.7 billion yuan and 6,268 billion yuan, with growth rates of 3.4% and 12.6% respectively [1] - Knowledge-intensive service exports were 10,253.3 billion yuan, up 8.6% year-on-year, while imports were 7,502.7 billion yuan, increasing by 4.6% [1] - The surplus in knowledge-intensive services expanded to 2,750.6 billion yuan, an increase of 482.7 billion yuan from the previous year [1] Travel Services - Travel services experienced the fastest growth, with total imports and exports reaching 12,594.6 billion yuan, a year-on-year increase of 10.4% [1] - Travel service exports surged by 62.9% year-on-year, while imports grew by 3.9% [1]

Core Insights - China's service trade showed steady growth from January to July 2025, with a total import and export value of 45,781.6 billion RMB, reflecting an 8.2% year-on-year increase [1] Group 1: Overall Service Trade Performance - Total service exports reached 19,983 billion RMB, marking a 15.3% increase [1] - Total service imports amounted to 25,798.6 billion RMB, with a growth of 3.3% [1] - The service trade deficit was 5,815.6 billion RMB, which is a reduction of 1,836.2 billion RMB compared to the same period last year [1] Group 2: Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with imports and exports totaling 17,756 billion RMB, an increase of 6.8% [2] - Other business services and telecommunications, computer, and information services had import and export values of 7,509.7 billion RMB and 6,268 billion RMB, with growth rates of 3.4% and 12.6% respectively [2] - Knowledge-intensive service exports were 10,253.3 billion RMB, up by 8.6%, while imports were 7,502.7 billion RMB, increasing by 4.6% [2] - The surplus in knowledge-intensive services expanded to 2,750.6 billion RMB, an increase of 482.7 billion RMB year-on-year [2] Group 3: Travel Services - Travel services experienced the fastest growth, with total imports and exports reaching 12,594.6 billion RMB, a 10.4% increase [2] - Travel service exports surged by 62.9%, while imports grew by 3.9% [2]

Core Insights - China's service trade showed steady growth from January to July 2025, with total service trade volume reaching 45,781.6 billion yuan, reflecting an 8.2% year-on-year increase [1] Summary by Categories Overall Service Trade Performance - Total service trade volume was 45,781.6 billion yuan, with exports at 19,983 billion yuan (up 15.3%) and imports at 25,798.6 billion yuan (up 3.3%) [1] - The service trade deficit was 5,815.6 billion yuan, a reduction of 1,836.2 billion yuan compared to the same period last year [1] Knowledge-Intensive Service Trade - Knowledge-intensive service trade reached 17,756 billion yuan, growing by 6.8% [1] - Key segments included other business services and telecommunications, computer, and information services, with respective trade volumes of 7,509.7 billion yuan (3.4% growth) and 6,268 billion yuan (12.6% growth) [1] - Knowledge-intensive service exports totaled 10,253.3 billion yuan (up 8.6%), while imports were 7,502.7 billion yuan (up 4.6%), resulting in a surplus of 2,750.6 billion yuan, an increase of 482.7 billion yuan year-on-year [1] Travel Services - Travel services experienced the fastest growth, with total trade volume reaching 12,594.6 billion yuan, marking a 10.4% increase [1] - Travel service exports surged by 62.9%, while imports grew by 3.9% [1]

Group 1 - The 2025 Service Trade Fair will be held in Beijing from September 10 to 14, with preparations nearly complete [1] - The Ministry of Commerce plans to introduce a series of policies to promote service exports, focusing on fiscal, financial, and facilitation measures [1][11] - In the first half of the year, China's total service trade reached 3.9 trillion yuan, a year-on-year increase of 8% [3] Group 2 - Service exports amounted to 1.7 trillion yuan, growing by 15%, and accounted for 11.5% of total exports, up 0.7 percentage points from the previous year [3] - The growth in service exports is primarily driven by traditional sectors such as transportation and travel, with transportation services exporting 418.5 billion yuan (up 23.9%) and travel services exporting 174.87 billion yuan (up 68.7%) [7] - Knowledge-intensive service exports reached 865.04 billion yuan, growing by 7.8%, with significant contributions from other business services and telecommunications, which saw exports of 416.33 billion yuan and 377.16 billion yuan, growing at 6.9% and 14.6% respectively [10]

Core Insights - The total import and export value of services in China reached 3.9 trillion yuan in the first half of the year, marking an 8% year-on-year increase [2] - Service exports amounted to 1.7 trillion yuan, growing by 15%, with a share of 11.5% in total foreign trade exports, up 0.7 percentage points from the previous year [2] - The rapid growth in service exports is primarily driven by traditional service trade sectors such as transportation and travel [2] Group 1: Service Export Performance - Transportation service exports reached 418.5 billion yuan, a growth of 23.9%, making it the largest sector in service exports [2] - Travel service exports totaled 174.87 billion yuan, with a remarkable growth rate of 68.7%, representing the fastest-growing area in service exports [2] - Knowledge-intensive service exports amounted to 865.04 billion yuan, increasing by 7.8%, indicating a significant enhancement in international competitiveness [2] Group 2: Future Opportunities - Global service trade is expected to continue growing, with the WTO forecasting a 4% increase in global service exports by 2025 [3] - The number of international tourists is projected to exceed 300 million in the first quarter of 2025, reflecting a 5% growth [3] - Policy support for service trade is anticipated to strengthen, with measures aimed at promoting service exports through fiscal, financial, and facilitation efforts [3][4]

Group 1 - The core theme of this year's service trade fair is "Digital Intelligence Leading, Service Trade Renewing," reflecting China's high-quality development in service trade [5] - The event will take place at Shougang Park, marking a shift to a single venue format, enhancing the experience for participants [2][3] - Over 800 enterprises are expected to participate, including more than 330 Fortune 500 companies, indicating a strong international presence [8] Group 2 - In the first half of the year, China's service trade import and export totaled 38,872.6 billion yuan, a year-on-year increase of 8.0% [5] - Knowledge-intensive service trade has shown significant growth, with imports and exports reaching 15,025.4 billion yuan, up 6.0% [5] - Beijing aims to rank among the top three in service trade by 2030, with digital services expected to account for about 70% of the city's service exports [6] Group 3 - The fair serves as an important platform for expanding openness, deepening cooperation, and leading innovation in service trade [8] - The event will feature 130 new products and innovations from over 70 companies, highlighting its role in promoting innovation [8][9] - Various facilitation measures have been introduced to enhance international participation, including visa services for foreign attendees [8]

Core Insights - The service trade is a crucial component of international trade, and accelerating its development is essential for expanding high-level openness and fostering new momentum in foreign trade [1] Group 1: Service Trade Performance - In the first half of the year, China's total service trade reached 38,872.6 billion yuan, a year-on-year increase of 8%, with exports at 16,883 billion yuan (up 15.0%) and imports at 21,989.6 billion yuan (up 3.2%) [1] - Knowledge-intensive service trade grew by 6%, with telecommunications, computer, and information services reaching 5,293.8 billion yuan, marking a 12.7% increase [1][4] - The service trade deficit significantly narrowed year-on-year, indicating improved competitiveness in service trade, particularly in digital, tourism, and financial services [1][2] Group 2: Travel Services - Travel services emerged as the largest sector in service trade, with imports and exports totaling 10,802.9 billion yuan, a growth of 12.3%, where exports surged by 68.7% and imports increased by 5.5% [1][2] - The rapid growth in travel services is attributed to the recovery of domestic and international personnel movement, gradual reopening of outbound tourism, and a notable rebound in inbound tourism [2] Group 3: Knowledge-Intensive Services - Knowledge-intensive service imports and exports totaled 15,025.4 billion yuan, accounting for 38.7% of total service trade, with telecommunications, computer, and information services leading the growth at 12.7% [4] - This category includes high-value-added services that significantly contribute to industrial upgrades, making it a key driver for optimizing service trade structure [4] Group 4: Policy and Future Outlook - Various measures have been introduced to enhance the service trade environment, including optimizing tax refund policies for inbound tourists and expanding the coverage of visa-free policies [2][3] - The Ministry of Commerce anticipates that by 2024, China's service trade will exceed 1 trillion USD, ranking second globally, with a projected 38% growth in knowledge-intensive service trade compared to 2020 [5] - The outlook for the second half of the year indicates both opportunities and challenges, with potential growth in digital trade and cross-border e-commerce, but also risks from global economic slowdowns and rising protectionism [6]