China's trade in services to grow 14.2% year-on-year in January-November 2024: Chinese report

According to the Ministry of Commerce of China, China's total trade imports and exports of services in the January-November period of 2024 reached 6.72776 trillion former (about 144.8 trillion yen), up 14.2% from the same period last year.
Of this, exports increased by 17.2% to 2,820,890 billion formers (approximately 60,700 billion yen), imports increased by 12.2% to 3,906,870 billion formers (approximately 84 trillion yen), and
The characteristics of trade in services during the same period are as follows: Trade in knowledge-intensive services continued to increase. Trade in knowledge-intensive services for January-November
The total value of trade imports and exports increased by 6.2% to 2,585,390 million formers (approximately 55,700 billion yen). Of this, exports increased by 6.2% to 1,475,510 million formers (approximately 31,700 billion yen).
Among the items with relatively high growth rates, personal cultural and entertainment services (up 33.8%) and electronic, computer and information services (up 9.3%) increased. Imports increased 6.1% to 1,109.88 billion yen.
million former (approximately 23.9 trillion yen), with personal cultural and entertainment services (up 31%) and other commercial services (up 10.1%) showing relatively high growth.
Trade in travel services is growing rapidly. During the same period, the value of travel service exports and imports increased by 38.9% to 1,826,930 million formers (approximately
(39.3 trillion yen). Travel services account for the largest proportion of total service trade.