The total import and export volume of services in the first 10 months increased by 17.2% year on year

(Data picture)

Beijing, December 1 (Reporter Wang Ke) The reporter learned from the Ministry of Commerce on the 1st that from January to October this year, China's total import and export of services amounted to 4918.55 billion yuan, an increase of 17.2% year on year.

Data shows that from January to October, China's service exports reached 2358.15 billion yuan, up 18.1% year on year; Import was 2560.4 billion yuan, up 16.4% year on year. It mainly presents the following characteristics:

Trade in knowledge intensive services grew steadily. From January to October, China's import and export of knowledge intensive services reached 2047.8 billion yuan, up 10.3% year on year. Among them, the export of knowledge intensive services was 1149.92 billion yuan, up 14.3% year on year; The areas with rapid export growth were intellectual property royalties, telecommunications computers and information services, with year-on-year growth of 17.3% and 16.3% respectively. The import of knowledge intensive services was 897.88 billion yuan, up 5.6% year on year; The area with rapid import growth is insurance services, with a growth rate of 57.1%.

The import and export of travel services continued to recover. From January to October, China's import and export of travel services reached 689.06 billion yuan, up 9.1% year on year. Excluding travel services, from January to October, China's service import and export increased by 18.6% year on year, 51.7% compared with the same period in 2019.

label: Year on year growth total imports and exports