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China Daily / 2025-04 / 30 / Page013

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China Daily | Updated: 2025-04-30 00:00
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Services trade reports solid expansion

China's services trade saw steady growth in the first quarter of the year, including a steep increase in the trade of travel-related services, official data showed on Tuesday. The country's services trade totaled 1.97 trillion yuan ($273.5 billion) during the period, up 8.7 percent year-on-year, according to the Ministry of Commerce. Services exports reached 835.15 billion yuan, up 12.2 percent from a year earlier, and services imports rose 6.2 percent to 1.14 trillion yuan, resulting in a deficit of 303.88 billion yuan.

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