AI Data Insight
The latest observation for Q3 2026 shows that China's international services trade deficit reached USD 21.847 billion, widening significantly from USD 19.111 billion in the previous period. Officials pointed out that imports of travel and transportation services are the main drivers of the deficit, but exports of knowledge-intensive services are growing rapidly. Looking ahead, although the services trade deficit is supported by seasonal outbound travel in the short term, medium-term structural optimization is expected to alleviate long-term deficit pressure.