China's new trade front with the world - services

Source: The Business Times
Published on: 2026-04-08 22:32

NO NATION in the world exports as much merchandise as China. But having conquered global trade in goods, it is now rapidly moving up the international ranks as a leading exporter of knowledge-intensive services. China's new trade front with the world is the export of services such as information and communication technology (ICT), construction management, engineering services, data analytics, and research and development. And to a lesser degree, financial services and intellectual property rights. Based on data from the World Trade Organization, China already ranks as the world's sixth-largest exporter of digitally delivered services, up from 17th place in 2005. The country now earns more from exports of ICT services (US$100 billion in 2024) than traditional exports such as toys (US$82 billion) and footwear (US$51 billion). Exports of "other business services" - a combination of cons...

(Please login to view full article)

Third-Party Content Disclaimer

Content displayed on this platform may include news articles, reports, and other materials aggregated from publicly available third-party sources through automated tools. Such content is not created, written, commissioned, or edited by Straits Interactive Pte Ltd or the Data Protection Excellence (DPEX) Network.

While we take reasonable steps to ensure responsible publication, we do not independently verify all third-party information and make no representations as to its accuracy, completeness, or reliability.

The views, findings, and statements expressed in third-party content belong solely to the original source and do not reflect the views of Straits Interactive Pte Ltd or the DPEX Network.

If you believe any content is inaccurate, infringing, or should be removed, please contact us at legal@straitsinteractive.com. We will review the matter and, where appropriate, take action in accordance with our internal policies.

Unlock these benefits
benefit

Get access to news, enforcement cases, events, and actionable tips and guides

benefit

Get regular email updates and offers

benefit

Job opportunities, mentorship and career guidance

benefit

Exclusive access to Data Protection community - ask questions, network and share knowledge with peers and experts via WhatsApp and Linkedin