China’s services trade showed steady growth in the first seven months of 2025, with a significant rise in travel-related service trade, according to official data released on Friday.
The country’s services trade volume reached 4.58 trillion yuan (about $641.3 billion) during this period, an increase of 8.2 percent year over year, as reported by the Ministry of Commerce.
<img src='https://news.cgtn.com/news/2025-09-05/China-s-services-trade-sees-notable-growth-in-first-7-months-1Gq4yBTse1q/img/c6a357acd6374d5ca4c0d5c85580b7eb/c6a357acd6374d5ca4c0d5c85580b7eb.jpeg' alt='Cultural and creative products are on display at a media briefing for The China International Fair for Trade in Services (CIFTIS), Beijing, China, August 11, 2025. /VCG'
Services exports reached nearly 2 trillion yuan (about $280 billion), an increase of 15.3 percent from a year earlier. In comparison, services imports rose 3.3 percent to 2.58 trillion yuan (about $361.3 billion), resulting in a deficit of 581.56 billion yuan (about $81.4 billion).
<img src='https://news.cgtn.com/news/2025-09-05/China-s-services-trade-sees-notable-growth-in-first-7-months-1Gq4yBTse1q/img/d5fc3c08836c43fb909c94f393db51a6/d5fc3c08836c43fb909c94f393db51a6.jpeg' alt='International tourists visit the Temple of Heaven, Beijing, China, July 17, 2025. /VCG'
Trade in travel-related services continued strong growth, rising 10.4 percent year over year to 1.26 trillion yuan (about $176.4 billion). Notably, exports increased 62.9 percent.
Meanwhile, trade in knowledge-intensive services grew by 6.8 percent year over year to over 1.77 trillion yuan (about $247.8 billion).
(Cover: The CIFTIS billboard at Shougang Park in Beijing, China. /VCG)
