China's H1 Services Trade Rises 8.3% to 3.779 Trillion Yuan as Exports Jump 17.6%
Updated
Updated · Global Times · Aug 4
China's H1 Services Trade Rises 8.3% to 3.779 Trillion Yuan as Exports Jump 17.6%
3 articles · Updated · Global Times · Aug 4
Summary
3.779 trillion yuan ($560 billion) in services trade in the first half marked an 8.3% year-on-year increase, with exports reaching 1.504 trillion yuan after a 17.6% rise.
805.67 billion yuan of knowledge-intensive service exports made up 53.5% of total services exports, while related two-way trade totaled 1.663 trillion yuan, or 44% of all services trade.
Personal cultural and entertainment services and intellectual property charges posted the fastest export growth, which analysts linked to stronger Chinese technology capabilities and rising global demand for Chinese innovation.
China ranked second globally in services trade scale in 2025, and services exports grew at an average 14% annually over the past five years, nearly doubling from 2020 by 2025.
Between 2021 and 2025, China's services exports surged 83% and imports 65%—well ahead of goods trade—underscoring a broader shift toward a more innovation-driven foreign trade structure.