China's service trade imports and exports grow 7.9% in first 8 months
Service trade deficit narrowed by 145.12 billion yuan YoY as export growth outpaced imports.
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Ministry of Commerce data shows China's total service trade reached 5.07 trillion yuan from January to August 2026, up 7.9% year-on-year.
Exports grew 14.8% to 1.99 trillion yuan, while imports rose 3.8% to 3.07 trillion yuan. The service trade deficit narrowed by 145.12 billion yuan to 1.07 trillion yuan.
Travel and transport services contributed nearly half of export growth, with knowledge-intensive services accounting for over half of total exports.