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Live Updates  >  Live Update Details

2026-04-07 14:38:28

[Official from the Department of Trade in Services of the Ministry of Commerce introduces the development of service trade in January-February 2026] In January-February 2026, my country's total service trade volume reached 1,143.07 billion yuan (RMB, same below), a year-on-year decrease of 3.9%. Exports totaled 442.49 billion yuan, an increase of 4.7%; imports totaled 700.58 billion yuan, a decrease of 8.7%. The service trade deficit was 258.1 billion yuan, narrowing by 86.52 billion yuan compared to the same period last year. The main characteristics are as follows: The proportion of knowledge-intensive service imports and exports increased. In January-February, knowledge-intensive service imports and exports reached 486.27 billion yuan, a decrease of 3.2%, accounting for 42.5% of total service trade, an increase of 0.3 percentage points compared to the same period last year. Specifically, knowledge-intensive service exports reached 248.23 billion yuan, an increase of 2.4%; knowledge-intensive service imports reached 238.04 billion yuan, a decrease of 8.4%. Travel, other commercial services, and transportation ranked among the top three sectors in terms of scale. In January and February, travel imports and exports totaled 362.59 billion yuan, a decrease of 11.8%, making it the largest sector in my country's service trade. Exports reached 60.96 billion yuan, an increase of 22.5%, while imports totaled 301.63 billion yuan, a decrease of 16.5%. Imports and exports of other commercial services and transportation amounted to 272.32 billion yuan and 212.23 billion yuan, respectively. According to the new version of the "International Service Trade Statistical Monitoring System" jointly released by the Ministry of Commerce, the National Bureau of Statistics, and the State Administration of Foreign Exchange in January 2026, a new statistical method will be adopted starting with the compilation of service import and export data for January and February 2026. This new method mainly covers seven sectors: transportation services, other commercial services, financial services, construction services, telecommunications, computer and information services, personal cultural and entertainment services, and processing services. (Ministry of Commerce)

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