Part 3 China's Framework and Practice of Statistics on Trade in Services
Brief Introduction to Manual on Statistics of International Trade in Services, Statistical Standard of International Trade in Services, International Experience of Statistics on Trade in Services
Part 2 Statistics on Trade in Services and Experience Reference
Comprehensive Evaluation Research Background, Evaluation Index System
Part 4 Research on Comprehensive Evaluation of the Development Level of Trade in Services
Achievements of the 13th Five-Year Plan, Major Contributions, Existing Problems
Part 1 Development Status of China's Trade in Services
Part 1 Development Status of China's Trade in Services
Principal content
I
II
Achievements of the 13th Five-Year Plan
Major Contributions
III
Existing Problems
I. Achievements of the 13th Five-Year Plan - The Scale of trade in services ranks second in the world
The scale of trade in services has maintained rapid growth. From 2016 to 2020, the average growth rate of China's service exports was significantly faster than that of imports, which led to the continuous narrowing of the trade in services deficit, dropped from USD 242.6 billion to USD 100.46 billion. Affected by the pandemic, China's trade in services dropped significantly in 2020, with the total volume of imports and exports of services reaching USD 661.72 billion, down 15.7%, among which exports were USD 280.63 billion, down 1.0% year-on-year, and imports were USD 381.09 billion, down 24.0%.
The scale of trade in services ranks second in the world. In 2014, China's total volume of trade in services globally jumped to the second place. Since the historic leap, the scale of China's service import and export continued to expand during the "13th Five-Year Plan" period, ranking second in the world, and its status as a major trade in services country was further consolidated. In 2020, China accounted for 6.8% of the world's imports and exports of services, with 5.6% of the world's exports of services, ranking fourth in the world (after the US, the UK and Germany), up one place from 2019, and with 8.0% of the world's imports of services, and ranking second in the world (after the US).
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