[Ministry of Commerce: China’s total service import and export volume from January to August was 5.07016 billion yuan, a year-on-year increase of 7.9%] On October 13, the head of the Department of Trade in Services of the Ministry of Commerce introduced the development of service trade from January to August 2026. From January to August 2026, China’s total service import and export volume was 5.07016 billion yuan (RMB, the same below), a year-on-year increase of 7.9%. Among them, exports were 1.99961 billion yuan, an increase of 14.8%; imports were 3.07055 billion yuan, an increase of 3.8%. The service trade deficit was 1.07094 billion yuan, a year-on-year decrease of 145.12 billion yuan. Knowledge-intensive services accounted for more than half of exports. From January to August, the import and export of knowledge-intensive services was 2,231.4 billion yuan, an increase of 6.6%, accounting for 44% of the total service import and export. Exports of knowledge-intensive services were 1,074.47 billion yuan, an increase of 10.9%, accounting for 53.7% of service exports; among them, personal cultural and entertainment services and financial services grew the fastest, with growth rates of 66% and 21.6% respectively. Imports of knowledge-intensive services were 1,156.93 billion yuan, an increase of 2.8%, accounting for 37.7% of service imports.