CCTV News: On March 28, the State Administration of Foreign Exchange released China's balance of payments goods and services trade data in February 2025. Several indicators showed that China's foreign trade achieved a good start.
In February 2025, my country's import and export scale of goods and services trade in international balance of payments was 368.61 billion yuan, an increase of 14% year-on-year. In the first two months of 2025, the cumulative surplus of trade in goods and services in the balance of payments was 817 billion yuan, the best level in the same period in history.
Specifically, in February 2025, the export of goods trade was 178.88 billion yuan, the import was 132.5 billion yuan, and the surplus was 463.8 billion yuan; in terms of service trade, the main projects were: the import and export scale of travel services was 176.4 billion yuan, the import and export scale of transportation services was 158.3 billion yuan, and the import and export scale of telecommunications, computers and information services was 62.4 billion yuan.
Liu Peizhong, a researcher at the China Banking Institute, said that it shows that my country's foreign trade still has strong resilience in a complex international environment. Since the beginning of this year, in terms of goods trade, my country's export of electronic products such as automatic data processing equipment and integrated circuits has maintained strong momentum; in terms of service trade, high-end service industries such as transportation services, telecommunications, computers and information services have grown rapidly, and the trade structure has been continuously optimized.
