Hey fam! The Chinese mainland's services trade is on fire this year, jumping 8.2% in the first seven months of 2025 to hit 4.58 trillion yuan (about $641.3B). According to the Ministry of Commerce, it was driven in large part by a surge in travel-related services — yep, wanderlust is real! 🌏✈️
Services trade might sound like finance talk, but it’s simply about selling and buying services across borders — think tourism, streaming, cloud computing, and beyond. As borders reopened and more of us booked that Bali trip or streamed the latest K-Drama, the numbers spiked.
For you early professionals and digital nomads in South and Southeast Asia, this trend highlights how travel, tech, and lifestyle industries are interwoven. More flights, more digital experiences, and more cross-border collabs = good news for startups, travel influencers, and remote workers alike.
What’s next? Watch how emerging tech services — from AI customer support to virtual events — continue to shape the landscape. If you’ve been eyeing gigs in travel tech or planning your next adventure, now’s a sweet moment to jump in! 🚀
Stay tuned for more updates on global service trends that impact our region’s hustle and culture. Got thoughts? Drop a comment below and let’s chat! 💬
Reference(s):
China's services trade sees notable growth in first 7 months
cgtn.com