China's services trade increased by 4.9% in early 2026, driven by strong travel and knowledge-intensive service exports, totaling CNY2.49 trillion.
China's services trade grew 4.9 per cent year on year in the first four months of 2026, with travel and knowledge-intensive exports showing strong gains, reports Xinhua.
The Ministry of Commerce stated that total imports and exports of services reached nearly CNY2.49 trillion (US$364.65 billion) between January and April.
Travel service exports rose 30.4 per cent to 147.15 billion yuan, marking the fastest growth among service export sectors.
Knowledge-intensive services trade increased by 5.1 per cent to CNY1.1 trillion, accounting for 44.4 per cent of overall services trade. Exports of cultural and entertainment services surged by 39.5 per cent, while charges for the use of intellectual property climbed by 20.8 per cent.
Imports of transport services totaled CNY316.45 billion, up 24.9 per cent, marking the fastest growth among the top five service import categories.
