China's H1 2026 Services Trade Up 8.3% to RMB 3,779.75 Billion

In the first half of 2026, China's total services trade reached RMB 3,779.75 billion, up 8.3% year on year. Services exports amounted to RMB 1,504.7 billion, up 17.6%, while services imports totaled RMB 2,275.05 billion, up 2.9%. The services trade deficit stood at RMB 770.35 billion, narrowing by RMB 161.42 billion compared with the same period in 2025.

In the first half, knowledge-intensive services trade reached RMB 1,663.4 billion, up 6.7%, accounting for 44% of total services trade. Knowledge-intensive services exports rose 12.8% to RMB 805.67 billion, representing 53.5% of total services exports; imports increased 1.4% to RMB 857.73 billion.

In the first half, travel services exports grew 31.1% to RMB 229.2 billion, the fastest among the top five services export categories. Transport services imports rose 30.4% to RMB 498.1 billion, the fastest among the top five services import categories.