Group 1 - The core viewpoint is that China's service trade has shown steady growth in the first three quarters of the year, with a total import and export value of 59,362.2 billion yuan, representing a year-on-year increase of 7.6% [2] - Service exports reached 26,015 billion yuan, growing by 14.4%, while imports amounted to 33,347.2 billion yuan, with a growth of 2.8% [2] Group 2 - The structure of service trade is continuously optimizing, with knowledge-intensive service imports and exports increasing by 6.4% [4] - Other business services, as well as telecommunications, computer, and information services, have experienced rapid growth in imports and exports [4] Group 3 - Travel service imports and exports grew by 8.8% in the first three quarters [6] - Travel service exports surged by 54.4%, while imports increased by 2.7% [6]

Core Insights - China's service trade shows steady growth in the first three quarters of 2025, with a total import and export value of 59,362.2 billion RMB, reflecting a year-on-year increase of 7.6% [1] Summary by Categories Overall Service Trade Performance - Total service trade reached 59,362.2 billion RMB, with exports at 26,015 billion RMB (up 14.4%) and imports at 33,347.2 billion RMB (up 2.8%) [1] - The service trade deficit decreased to 7,332.2 billion RMB, a reduction of 2,382.4 billion RMB compared to the previous year [1] Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with a total import and export value of 22,705.9 billion RMB, increasing by 6.4% [1] - Specific sectors such as other business services and telecommunications, computer, and information services recorded imports and exports of 9,663.8 billion RMB and 7,940.6 billion RMB, with growth rates of 3.9% and 10.6% respectively [1] - Knowledge-intensive service exports reached 13,177.6 billion RMB (up 9.2%), while imports were 9,528.3 billion RMB (up 2.8%), resulting in a surplus of 3,649.3 billion RMB, an increase of 857.3 billion RMB year-on-year [1] Travel Services - Travel services experienced rapid growth, with total imports and exports amounting to 16,372.5 billion RMB, marking an increase of 8.8% [1] - Travel service exports surged by 54.4%, while imports grew by 2.7% [1]

Core Insights - China's service trade has shown steady growth in the first three quarters of 2025, with a total import and export value of 59,362.2 billion yuan, reflecting a year-on-year increase of 7.6% [1] Summary by Categories Overall Service Trade Performance - Total service trade reached 59,362.2 billion yuan, with exports at 26,015 billion yuan (up 14.4%) and imports at 33,347.2 billion yuan (up 2.8%) [1] - The service trade deficit was 7,332.2 billion yuan, a decrease of 2,382.4 billion yuan compared to the previous year [1] Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with a total import and export value of 22,705.9 billion yuan, increasing by 6.4% [1] - Specific sectors such as other business services and telecommunications, computer, and information services had import and export values of 9,663.8 billion yuan and 7,940.6 billion yuan, with growth rates of 3.9% and 10.6% respectively [1] - Knowledge-intensive service exports were 13,177.6 billion yuan (up 9.2%), while imports were 9,528.3 billion yuan (up 2.8%), resulting in a surplus of 3,649.3 billion yuan, an increase of 857.3 billion yuan year-on-year [1] Travel Services - Travel services experienced rapid growth, with total import and export value reaching 16,372.5 billion yuan, an increase of 8.8% [1] - Travel service exports surged by 54.4%, while imports grew by 2.7% [1]

Core Insights - China's service trade showed steady growth in the first three quarters of 2025, with a total import and export value of 59,362.2 billion yuan, representing a year-on-year increase of 7.6% [1] Summary by Categories Overall Service Trade Performance - Total service trade reached 59,362.2 billion yuan, with exports at 26,015 billion yuan (up 14.4%) and imports at 33,347.2 billion yuan (up 2.8%) [1] - The service trade deficit was 7,332.2 billion yuan, a decrease of 2,382.4 billion yuan compared to the previous year [1] Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with a total of 22,705.9 billion yuan, an increase of 6.4% [1] - Specific segments included other business services and telecommunications, computer, and information services, with import and export values of 9,663.8 billion yuan and 7,940.6 billion yuan, growing at 3.9% and 10.6% respectively [1] - Knowledge-intensive service exports were 13,177.6 billion yuan (up 9.2%), while imports were 9,528.3 billion yuan (up 2.8%), resulting in a surplus of 3,649.3 billion yuan, an increase of 857.3 billion yuan year-on-year [1] Travel Services - Travel services experienced rapid growth, with total imports and exports reaching 16,372.5 billion yuan, an increase of 8.8% [1] - Exports in travel services surged by 54.4%, while imports grew by 2.7% [1]

Core Insights - China's service trade has shown steady growth in the first three quarters of 2025, with a total import and export value of 59,362.2 billion yuan, reflecting a year-on-year increase of 7.6% [1] Summary by Categories Overall Service Trade Performance - Total service trade reached 59,362.2 billion yuan, with exports at 26,015 billion yuan (up 14.4%) and imports at 33,347.2 billion yuan (up 2.8%) [1] - The service trade deficit was 7,332.2 billion yuan, a decrease of 2,382.4 billion yuan compared to the previous year [1] Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with a total import and export value of 22,705.9 billion yuan, an increase of 6.4% [1] - Specific sectors such as other business services and telecommunications, computer, and information services had import and export values of 9,663.8 billion yuan and 7,940.6 billion yuan, with growth rates of 3.9% and 10.6% respectively [1] - Knowledge-intensive service exports were 13,177.6 billion yuan (up 9.2%), while imports were 9,528.3 billion yuan (up 2.8%), resulting in a surplus of 3,649.3 billion yuan, an increase of 857.3 billion yuan year-on-year [1] Travel Services - Travel services experienced rapid growth, with total imports and exports reaching 16,372.5 billion yuan, an increase of 8.8% [1] - Exports in travel services surged by 54.4%, while imports grew by 2.7% [1]

Core Insights - The State Administration of Foreign Exchange reported that by September 2025, China's international balance of payments for goods and services trade reached 47,362 billion yuan, marking a year-on-year growth of 6% [1] Trade Summary - Goods trade exports amounted to 23,744 billion yuan, while imports were 17,062 billion yuan, resulting in a surplus of 6,682 billion yuan [1] - Service trade exports totaled 2,680 billion yuan, with imports at 3,876 billion yuan, leading to a deficit of 1,196 billion yuan [1] Service Trade Breakdown - Major components of service trade included: - Travel services with an import-export scale of 1,891 billion yuan - Transportation services with an import-export scale of 1,869 billion yuan - Other business services with an import-export scale of 1,078 billion yuan - Telecommunications, computer, and information services with an import-export scale of 682 billion yuan [1]

Core Insights - In September 2025, China's international balance of payments for goods and services trade reached a total import and export scale of 47,362 billion yuan, marking a year-on-year growth of 6% [1] Trade Data Summary - Goods trade exports amounted to 23,744 billion yuan, while imports were 17,062 billion yuan, resulting in a surplus of 6,682 billion yuan [1] - Service trade exports totaled 2,680 billion yuan, with imports at 3,876 billion yuan, leading to a deficit of 1,196 billion yuan [1] Service Trade Breakdown - Major components of service trade included: - Travel services with an import and export scale of 1,891 billion yuan - Transportation services with an import and export scale of 1,869 billion yuan - Other business services with an import and export scale of 1,078 billion yuan - Telecommunications, computer, and information services with an import and export scale of 682 billion yuan [1] Dollar Value Summary - In dollar terms, the exports for goods and services trade were valued at 37.18 billion USD, imports at 29.46 billion USD, resulting in a surplus of 7.72 billion USD [1]

Core Insights - In September 2025, China's international balance of payments for goods and services trade reached a scale of 47,362 billion yuan, marking a year-on-year growth of 6% [1] Trade Summary - Goods trade exports amounted to 23,744 billion yuan, while imports were 17,062 billion yuan, resulting in a surplus of 6,682 billion yuan [1] - Service trade exports totaled 2,680 billion yuan, with imports at 3,876 billion yuan, leading to a deficit of 1,196 billion yuan [1] Service Trade Breakdown - Major components of service trade included: - Travel services with an import-export scale of 1,891 billion yuan - Transportation services with an import-export scale of 1,869 billion yuan - Other business services with an import-export scale of 1,078 billion yuan - Telecommunications, computer, and information services with an import-export scale of 682 billion yuan [1] Dollar Value Summary - In USD terms, exports for goods and services were valued at 3,718 million USD, while imports were 2,946 million USD, resulting in a surplus of 772 million USD [1]

Core Insights - In September 2025, China's international balance of payments for goods and services trade reached a total import and export scale of 47,362 billion yuan, marking a year-on-year growth of 6% [1] Trade Data Summary - Goods trade exports amounted to 23,744 billion yuan, while imports were 17,062 billion yuan, resulting in a surplus of 6,682 billion yuan [1] - Service trade exports totaled 2,680 billion yuan, with imports at 3,876 billion yuan, leading to a deficit of 1,196 billion yuan [1] Service Trade Breakdown - Major components of service trade included: - Travel services with an import and export scale of 1,891 billion yuan - Transportation services with an import and export scale of 1,869 billion yuan - Other commercial services with an import and export scale of 1,078 billion yuan - Telecommunications, computer, and information services with an import and export scale of 682 billion yuan [1] Dollar Value Summary - In USD terms, the total exports for goods and services were 3,718 million USD, imports were 2,946 million USD, resulting in a surplus of 772 million USD [1]

Core Viewpoint - China's service trade has shown steady growth in the first eight months of the year, with a total import and export value of 52,476.9 billion yuan, reflecting a year-on-year increase of 7.4% [1] Group 1: Overall Service Trade Performance - Total service trade exports reached 23,004.4 billion yuan, growing by 14.7% [1] - Total service trade imports amounted to 29,472.5 billion yuan, with a growth of 2.3% [1] - The service trade deficit was 6,468.1 billion yuan, which is a reduction of 2,280.7 billion yuan compared to the same period last year [1] Group 2: Knowledge-Intensive Service Trade - Knowledge-intensive service trade maintained growth, with total imports and exports of 20,250.7 billion yuan, an increase of 6.7% [1] - Other business services and telecommunications, computer, and information services had import and export values of 8,547.2 billion yuan and 7,131 billion yuan, with growth rates of 3.6% and 10.8% respectively [1] - Knowledge-intensive service exports were 11,784 billion yuan, up by 9.4%, while imports were 8,466.7 billion yuan, increasing by 3.2% [1] - The surplus in knowledge-intensive services expanded by 747 billion yuan to 3,317.3 billion yuan compared to the previous year [1] Group 3: Travel Services - Travel service trade experienced the fastest growth, with total imports and exports reaching 14,481.8 billion yuan, an increase of 8.6% [1] - Travel service exports surged by 57.6%, while imports grew by 2.3% [1]