AI Data Insight
1. China's international trade in services deficit reached RMB 123.245 billion in April 2026 (Q2 2026), expanding from the previous month's RMB 101.463 billion.
2. The latest official breakdown shows that "travel services," driven by the recovery of outbound tourism, is the primary driver behind the widening deficit, while knowledge-intensive services such as "information and communications technology (ICT)" maintain a surplus.
3. Looking ahead, with the arrival of the peak summer season, the short-term deficit is likely to remain under pressure; in the medium to long term, attention must be paid to the effectiveness of the structural transformation in high value-added service exports.