According to the “China Balance of Payments Report for the First Half of 2026” recently released by the State Administration of Foreign Exchange, in the first half of the year, China's total current account balance was 4.6 trillion US dollars, an increase of 16% over the previous year; the current account surplus was 378 billion US dollars, which remained stable with the gross domestic product ratio. In terms of trade in goods, in the first half of the year, total imports and exports of balance-of-payments goods increased 18% year-on-year, and trade related to artificial intelligence and green energy showed outstanding performance. Goods imports increased by nearly 20% year-on-year, 2.3 percentage points faster than the export growth rate. In terms of trade in services, in the first half of the year, exports of trade in services increased by 21% year on year. Increased travel by foreigners to China and acceleration in exports of emerging productive services contributed to 16% and 42% of service export growth, respectively. Imports of trade in services increased by 7% year on year, and China is still the world's main importer of trade in services.
Zhitongcaijing · 2d ago
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According to the “China Balance of Payments Report for the First Half of 2026” recently released by the State Administration of Foreign Exchange, in the first half of the year, China's total current account balance was 4.6 trillion US dollars, an increase of 16% over the previous year; the current account surplus was 378 billion US dollars, which remained stable with the gross domestic product ratio. In terms of trade in goods, in the first half of the year, total imports and exports of balance-of-payments goods increased 18% year-on-year, and trade related to artificial intelligence and green energy showed outstanding performance. Goods imports increased by nearly 20% year-on-year, 2.3 percentage points faster than the export growth rate. In terms of trade in services, in the first half of the year, exports of trade in services increased by 21% year on year. Increased travel by foreigners to China and acceleration in exports of emerging productive services contributed to 16% and 42% of service export growth, respectively. Imports of trade in services increased by 7% year on year, and China is still the world's main importer of trade in services.
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