MOFCOM deputy minister Yan Dong said on Aug. 28 that China’s service trade should see multiple tailwinds in H2. Travel-service exports are expected to sustain high growth as international trade shows, business events and the inbound tourism peak overlap. High-value service sectors — digital platform services, cloud and AI-related services — are accelerating overseas expansion; telecom, computer & information services, IP and culture/entertainment services are also growing rapidly, pushing servic

MOFCOM deputy minister Yan Dong said on Aug. 28 that China’s service trade should see multiple tailwinds in H2. Travel-service exports are expected to sustain high growth as international trade shows, business events and the inbound tourism peak overlap. High-value service sectors — digital platform services, cloud and AI-related services — are accelerating overseas expansion; telecom, computer & information services, IP and culture/entertainment services are also growing rapidly, pushing service trade up the value chain. Policy support — capacity and quality upgrades in services, rollout of national service-trade innovation pilot zones and the upcoming China International Fair for Trade in Services (CIFTIS) — will further ease high-level opening and higher-quality development. Outlook: full-year China service trade to remain positive, with strong service export momentum.