China News Service, December 2nd, the spokesperson of the Ministry of Commerce Shu Jueting introduced on the 2nd that from January to October this year, my country's service trade continued to maintain a good growth momentum.

The total value of imports and exports of services was 4198.03 billion yuan (RMB, the same below), a year-on-year increase of 12.7%.

  The Ministry of Commerce held a regular press conference on the 2nd.

At the meeting, Shu Jueting briefed the development of service trade from January to October.

From January to October this year, my country's service trade continued to maintain a good growth momentum.

Service imports and exports totaled 4198.03 billion yuan (RMB, the same below), a year-on-year increase of 12.7%; of which, service exports were 1997.43 billion yuan, an increase of 29%; imports were 2,200,600 million yuan, an increase of 1.1%.

The growth rate of service exports exceeded imports by 27.9 percentage points, driving the service trade deficit to drop by 67.6% to 203.17 billion yuan, a year-on-year decrease of 424.7 billion yuan.

Compared with the same period in 2019, the import and export of services fell by 5.4%, and the two-year average fell by 2.8%, of which exports increased by 26.6%, and the two-year average increased by 12.5%; imports fell by 23.1%, and the two-year average fell by 12.3%.

In October, my country's total service imports and exports totaled 413.97 billion yuan, a year-on-year increase of 24%.

  Mainly present the following characteristics:

  The proportion of knowledge-intensive service trade increased.

From January to October, my country's knowledge-intensive service imports and exports amounted to 1,856.6 billion yuan, an increase of 13.3%, accounting for 44.2% of the total service imports and exports, an increase of 0.2%.

Among them, the export of knowledge-intensive services was 1006.04 billion yuan, an increase of 16.9%, accounting for 50.4% of the total service exports; the areas with faster growth in exports were personal culture and entertainment services, intellectual property royalties, telecommunications, computers and information services, which increased by 33.6 respectively. %, 29.1%, 21.7%.

The import of knowledge-intensive services was 850.55 billion yuan, an increase of 9.3%, accounting for 38.7% of the total service imports.

  The import and export of travel services continued to decline.

The impact of the new crown pneumonia epidemic on the import and export of travel services continues.

From January to October, my country's import and export of travel services was 631.68 billion yuan, a decrease of 27.7%, of which exports fell by 39.5% and imports fell by 26.1%.

Excluding travel services, my country's imports and exports of other services increased by 25% from January to October, of which exports increased by 33.7% and imports increased by 16.1%; compared with the same period in 2019, imports and exports of other services increased by 27.9%, of which exports increased by 40.1%, and imports An increase of 16%.