Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
BEIJING, June 6 (Xinhua) — China’s foreign trade in services grew rapidly in the first four months of 2025, with travel-related services registering a sharp uptick, data from the Ministry of Commerce showed Friday.
According to the agency, the volume of foreign trade in services in the country during the reporting period exceeded 2.63 trillion yuan (about 366.1 billion US dollars), increasing by 8.2 percent year-on-year.
In particular, service exports reached nearly 1.13 trillion yuan, up 14.6 percent from a year earlier, while imports grew 3.9 percent to exceed 1.5 trillion yuan, leaving a trade deficit of 375.02 billion yuan.
Trade in tourism-related services continued its rapid growth momentum, rising 14.7 percent year on year to 756.78 billion yuan, the data showed.
At the same time, the volume of trade in knowledge-intensive services showed a 5.5 percent increase year-on-year and approached the mark of about 1.02 trillion yuan. –0–