China s total imports and exports of services increased by 10 year on year last year

Mondo Finance Updated on 2024-02-01

According to the latest data released by China's Ministry of Commerce, China's total imports and exports of services increased by 10% year-on-year last year.

China's Ministry of Commerce issued a press release on its official website on Thursday (February 1) to inform the above data.

According to the press release, the person in charge of the Department of Trade in Services of the Ministry of Commerce of China introduced the development of services in 2023, saying that in 2023, China's services will increase steadily, and the scale will hit a record high.

According to the person in charge, China's total import and export of services last year was 65,754300 million yuan, a year-on-year increase of 10%. Its **mouth 26856600 million yuan, down 58%, imports 38897700 million yuan, an increase of 244%;Service ** deficit 12041100 million yuan.

The person in charge pointed out that China's import and export of services throughout last year mainly showed the characteristics of rapid growth of knowledge-intensive services and the fastest growth of travel services.

The person in charge said that in 2023, China's import and export of knowledge-intensive services will be 27,193700 million yuan, a year-on-year increase of 85%。Among them, 15,435 were exported200 million yuan, an increase of 9%, and the fastest growing area was insurance services, an increase of 67%. Knowledge-intensive services were imported 11758500 million yuan, an increase of 78 per cent, with the fastest growth in personal, cultural and recreational services at 61 per cent7%。Knowledge-intensive services** surplus 3676700 million yuan, an increase of 423 year-on-year500 million yuan.

The person in charge also said that since 2023, China's travel services have maintained rapid growth, with 14,856 annual imports and exports of travel services200 million yuan, a year-on-year increase of 736%。Among them, exports increased by 592%, imports increased by 747%。

Related Pages