EconomyAsia
China's Services Trade Races Ahead at 2026 CIFTIS
At the 2026 CIFTIS in Beijing, China spotlights services trade, projected by the WTO to grow 4.8% this year, outpacing goods trade growth of 1.9%.
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At the 2026 CIFTIS in Beijing, China spotlights services trade, projected by the WTO to grow 4.8% this year, outpacing goods trade growth of 1.9%.
China's services trade grew 6% year-on-year to 3.1 trillion yuan in Jan-May 2026, led by knowledge-intensive services and travel exports.
China's knowledge-intensive service exports grew 12.2% in Jan-May 2026, reaching 6,677.5 billion yuan, as trade structure shifts to higher-value sectors.
China's service trade hit 24,853.2 billion yuan in Jan-Apr 2026, up 4.9%. Exports surged 15% as the trade deficit narrowed, signaling improvement.