AI Data Insight
Latest data shows that in May 2026, China's international services trade balance reached RMB -131.784 billion, representing a further widening of the deficit from the previous reading. Despite strong exports of knowledge-intensive services, rigid import demands such as outbound tourism and transportation remain the primary drivers of the deficit in the short term. Going forward, continued attention should be paid to the optimizing effects of inbound tourism policies on the trade structure.