15 Hrs
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الاقتصادية
Services sector growth drives China's economic recovery
Service trade in China grew by 4.9% during the first four months of 2026, reaching a total value of approximately 2.49 trillion yuan ($364.65 billion). The travel services sector topped the list of the fastest-growing industries, increasing by 30.4% thanks to the recovery of international tourism following the COVID-19 pandemic. Knowledge services also experienced a rise of 5.1%, while exports of cultural and entertainment services surged by 39.5%. Additionally, imports of transportation services increased by 24.9%. These growth figures reflect China's efforts to strengthen the service sector and transform its economy into one that is driven by innovation and technology.
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