China's trade in services grew 7.4% year-on-year in January-August, according to a Chinese report.

According to the Ministry of Commerce, China's trade in services grew steadily in the first eight months of this year. According to publicly available data, the total trade in services in the first eight months of this year increased 7.4% year-on-year to 5.2476 trillion yen.
Of this, exports increased by 14.7% to 2,300,440 million formers (approximately 47,800 billion yen), and imports increased by 2.3% to 2,947,250 million formers (approximately 109 trillion yen).
The trade deficit in services was 646.81 billion former (approximately 13.4 trillion yen), down 228.07 billion former (approximately 4.7 trillion yen) from the same period last year.
Trade in knowledge-intensive services continued to grow. Exports and imports of knowledge-intensive services during the same period increased by 6.7% to 2,250.7 billion former (approximately 42.1 trillion yen).
The import and export scales of other commercial services and electronic, computer and information services are relatively large. The import and export value of each increased by 3.6% to 854.72 billion yen (approximately 17.8 trillion yen).
exports of knowledge-intensive services increased by 9.4% to 1,178.4 billion yen (approximately 24.5 trillion yen), and exports of
Withdrawals increased 3.2% to 846.67 billion former (approximately 17.6 trillion yen). The surplus was 331.73 billion former (approximately 6.9 trillion yen), an increase of 74.7 billion former (approximately 1.6 trillion yen) from the same period last year.
During the same period, travel services grew rapidly, with exports and imports increasing by 8.6% to 1,448,180 million yen (approximately 30 trillion yen).
Of this, exports increased by 57.6% and imports by 2.3%.