China's total service import and export in the first 10 months of this year increased by 8.7%year -on -year.

The data released by the Ministry of Commerce of China on Friday (December 1) shows that in the first 10 months of this year, the total value8.7%.Among them, exports decreased by 7.4%year -on -year, and imports increased by 23.5%year -on -year; service trade deficit was 979.19 billion yuan.

In the field of division, travel services continue to recover.Data show that the import and export of Chinese travel services in the first 10 months was 118.336 billion yuan, an increase of 71.7%year -on -year, and continued to maintain the fastest service trade field.Among them, exports increased by 53.8%year -on -year, and imports increased by 73.2%year -on -year.

In addition, knowledge -intensive service trade has maintained growth.In the first 10 months, the import and export of Chinese knowledge -intensive services was 2230.8 billion yuan, an increase of 8.9%year -on -year.

According to China News Agency, in recent years, China has paid more attention to the development of service industries and service trade.The State Council of the State Council in November made it clear that it will promote the deepening reform and opening up of key areas of telecommunications, health care, finance, culture, education, and professional services.