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.