In the first half of 2010 China service distinctly deficit reduction of export

In the first half of 2010, China import and export, outperforming most exports and imports growth, service trade deficit reduction. In the first half of 2010, the overall situation of China's imports and exports of services rendered three characteristics

1. import and export total scale.

In the first half of 2010, China import and export services of substantial growth, exports and imports amounted to $ 1656.3 million increase over the same period last year, an increase of 31.7% compared with an increase of 46%.

2. export and import double are picking up.

In the first half of 2010, China service exports 769.7 billion, an increase of 41.2%. Exports surged mainly comes from transportation and other business services and construction services exports rebounded. China service import 886.6 billion, an increase of 24.5%.

3. trade deficit decreased significantly.

Services exports of distinctly reduced the trade deficit. In the first half of 2010, China trade deficit 116.9 billion over the same period last year to reduce 50.5 billion. Primary deficit industry as transport and insurance services, proprietary rights, royalties and licence fees, travel four industry deficit 140.7 billion, 64.9 billion, 61.5 billion, 26.1 billion.

China import and export trade services has the following structure 5 characteristics: first half of 2010, transport and tourism the two traditional industries in China import and export volume to continue to hold the largest share, but still the State deficit; construction services export growth; computer and information services, consulting, represented by high value-added industry continues to grow, and export surplus scale; insurance services, proprietary rights, royalties and licence fees deficit increased, China's second, three service trade deficit in the industry.

1. the travel deficit is still present, but the difference between the reduced.

Tourism has long is a Chinese import and export of surplus of great service, but after the first half of 2009 for the first time a large deficit, the deficit has not been able to reverse the situation. In the first half of 2010, China tourism export 218.6 billion, as compared with the same 19.8 percent; import 244.7 billion, an increase of 16%; deficit 26.1 billion, an decrease 8.3%.

2. transport deficit surged, proprietary rights royalties and licence fees deficit continues to expand.

Transport is China's traditional deficit. In the first half of 2010, China transport services export 151.6 billion, as compared with the same 42.6 percent; import 292.3 billion, an increase of 47.8% deficit 140.7 billion, an increase of 53.8%, still is the largest service trade deficit. Proprietary rights royalties and licence fees for export 4.2 billion, as compared to 2.3 times; import 65.8 billion, an increase of 42.5% deficit 61.5 billion, an increase of 38.7%, services for China's third-largest industry trade deficit.

3. strong growth in exports of financial services, insurance services deficit increased.

In the first half of 2010, China's financial services exports 4.2 billion, is the year of 2.7 times; import 2.1 billion, an increase of 11.4%; the trade balance by year of deficit 0.3 billion surplus 2.1 billion. Insurance services export 6.9 billion, an increase of 14.6%; import 71.8 billion, an increase of 48.1% deficit 64.9 billion, an increase of 52.8%, is China's second largest service trade deficit.

4. building services export growth, a significant increase in the surplus.

In the first half of 2010, China's construction services export 62.3 billion, growing rapidly, as compared with the same 69.5 percent; import 24.5 billion, an increase of 2.5%; a significant surplus, 37.8 million is compared to 2.9 times, is China's second largest services trade surplus.

5. the part of high value-added industry services and export growth accelerated, and continue to keep the surplus.

In the first half of 2010, the China computer and information services export 40.7 billion over the same period last year, an increase of 41.7% growth year-over-year increase of 37.9 percentage; import 14.3 billion, a slight increase from a year-on-year decline of to increase 10.2%; surplus 26.5 billion, as compared with the same growth 67.5%. Advisory export 101.7 billion, an increase of 23.2%; import 68.3 billion, an increase of 14.6%; surplus 33.4 billion u.s. dollars, is China's third largest services trade surplus.

6. other business services surplus value living first in the industry.

In the first half of 2010, other commercial service export 160.2 billion, an increase of 95.7%; import 85.7 billion, an decrease 9.7%. Because of the apparent increase in exports, the trade surplus from deficit to surplus of $ 74.5 billion, is the largest service trade surplus.