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According to data released by the Ministry of Commerce on August 9, in the first half of 2024, my country's service trade continued to grow rapidly, with a total import and export of services of 3598.03 billion yuan, a year-on-year increase of 14%. Among them, exports were 1467.58 billion yuan, an increase of 10.7%; imports were 2130.45 billion yuan, an increase of 16.4%; and the service trade deficit was 662.87 billion yuan. Knowledge-intensive service trade continued to grow. In the first half of the year, the import and export of knowledge-intensive services was 1417.62 billion yuan, a year-on-year increase of 3.7%. Among them, the export of knowledge-intensive services was 802.12 billion yuan, a year-on-year increase of 2.1%; the import of knowledge-intensive services was 615.5 billion yuan, a year-on-year increase of 6%.

In the first half of this year, under the background of increasing complexity, severity and uncertainty in the international situation, my country's service trade has maintained a rapid growth trend overall, which is not easy. In particular, the proportion of knowledge-intensive service trade in the total service trade reached 39.4%, and the trade surplus was 186.62 billion yuan, which continued to play the role of "stabilizer" and showed strong adaptability and resilience. my country's knowledge-intensive service trade has great development potential, and we must continue to develop and expand knowledge-intensive service trade so that its "stabilizer" role can be fully utilized.

Promote the continuous optimization and upgrading of the structure of trade in services. Knowledge-intensive services include education, consulting, IT, research and development, etc., with knowledge and technology as the main elements, and can create high added value and high profits. Knowledge-intensive trade in services is an important indicator of the level and development quality of the value chain of trade in services, and an important driving force for the growth and structural optimization of trade in services. In recent years, as "Made in China" has evolved into "Smart Manufacturing in China", "Chinese Services" have also been accelerating their transformation and upgrading. Knowledge-intensive "Chinese Services" characterized by digitalization, intelligence and greening have become a new driving force for the high-quality development of my country's trade in services.