China's service sector grew 8.3% in H1 2026

Services trade in China grew by 8.3 percent in the first half of 2026, reaching a total value of approximately 3.78 trillion yuan (around $556.56 billion). Travel services exports saw a significant increase of 31.1 percent, amounting to 229.2 billion yuan, while knowledge-based services trade rose by 6.7 percent to reach 1.66 trillion yuan, representing 44 percent of total services trade. Additionally, imports of transportation services experienced a notable boost of 30.4 percent, reaching 498.1 billion yuan—the highest growth rate among the different categories of import services during this period.

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