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China's services trade reports solid growth in Q1

China

China

China

China's services trade reports solid growth in Q1

2025-04-29 10:43 Last Updated At:17:27

China's services trade saw steady growth in the first quarter of this year, reaching 1.974 trillion yuan (about 270.62 billion U.S. dollars), up 8.7 percent on a yearly basis, according to the data released by the Ministry of Commerce on Tuesday.

Services exports came in at 835.15 billion yuan (around 114.48 billion U.S. dollars), up 12.2 percent year on year, and services imports rose 6.2 percent to 1.139 trillion yuan (about 156.13 billion U.S. dollars), showed the data.

To be specific, trade in knowledge-intensive services rose 2.6 percent year on year to 752.49 billion yuan (roughly 103.15 billion U.S. dollars). In terms of the major items, other business services and telecommunications, computer and information services registered 320.48 billion yuan (about 43.93 billion U.S. dollars) and 262.34 billion yuan (around 35.96 billion U.S. dollars), rising 0.8 percent and 4.8 percent, respectively

Notably, trade in travel-related services registered the fastest growth. The total imports and exports grew 21.8 percent year on year to reach 584.9 billion yuan (roughly 80.18 billion U.S. dollars), with exports and imports increasing 97.5 percent and 14.9 percent, respectively.

China's services trade reports solid growth in Q1

China's services trade reports solid growth in Q1

China's services trade reports solid growth in Q1

China's services trade reports solid growth in Q1

China's services trade reports solid growth in Q1

China's services trade reports solid growth in Q1

China is deeply shocked by and strongly condemns the U.S.'s blatant use of force against a sovereign state and action against its president, a Chinese foreign ministry spokesperson said Saturday.

It's reported that the U.S. launched military strikes on Venezuela and Donald Trump posted on Truth Social that the U.S. has "successfully" carried out a large-scale strike against Venezuela and its leader, President Nicolas Maduro, along with his wife, have been taken and "flown out of the country."

Such hegemonic acts of the U.S. seriously violate international law and Venezuela's sovereignty, and threaten peace and security in Latin America and the Caribbean region, the spokesperson said, adding that China firmly opposes it.

"We call on the U.S. to abide by international law and the purposes and principles of the UN Charter, and stop violating other countries' sovereignty and security," said the spokesperson.

China strongly condemns U.S. use of force against Venezuela

China strongly condemns U.S. use of force against Venezuela

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