China: Current Account: Services: RMB by Annual

Macro

2025-04-09

Description

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Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Yearly
Next Update

AI Data Insight

In 2025, China's current account services trade deficit reached 1.702 trillion RMB, further expanding by 4.4% compared to 2024. Although some external institutions noted that the USD-denominated deficit narrowed due to a surge in inbound tourism, authoritative RMB data from DataTrack shows the overall deficit widened for the third consecutive year, highlighting strong expenditure momentum in outbound tourism and commercial services.

AI Data Insight

In 2025, China's current account services trade deficit reached 1.702 trillion RMB, further expanding by 4.4% compared to 2024. Although some external institutions noted that the USD-denominated deficit narrowed due to a surge in inbound tourism, authoritative RMB data from DataTrack shows the overall deficit widened for the third consecutive year, highlighting strong expenditure momentum in outbound tourism and commercial services.

Description

-

Published by
State AdministRation of Foreign Exchange of China (Choice)
Frequency
Yearly
Next Update