On December 2, the Ministry of Commerce released the report card of China's service trade in the first 10 months. Shu jueteng, spokesman of the Ministry of Commerce, introduced at the press conference that from January to October this year, China's total import and export of services amounted to 4198.03 billion yuan, a year-on-year increase of 12.7%; Among them, the service export was 1997.43 billion yuan, an increase of 29%; Imports reached 220.6 billion yuan, an increase of 1.1%. The growth rate of service exports was 27.9 percentage points higher than that of imports, driving the deficit of service trade to decline by 67.6% to 203.17 billion yuan, a year-on-year decrease of 424.7 billion yuan. "China's service trade continues to maintain a good growth trend." Shu jueteng said that compared with the same period in 2019, China's service export increased by 26.6%, with an average growth of 12.5% in the two years; Imports fell by 23.1%, with an average decline of 12.3% in the two years. In October, China's service import and export totaled 413.97 billion yuan, a year-on-year increase of 24%. It is worth noting that the proportion of knowledge intensive service trade has increased. From January to October, China's import and export of knowledge intensive services reached 1856.6 billion yuan, an increase of 13.3%, accounting for 44.2% of the total import and export of services, an increase of 0.2 percentage points. Among them, the export of knowledge intensive services was 1006.04 billion yuan, an increase of 16.9%, accounting for 50.4% of the total export of services; The areas with rapid export growth were personal cultural and entertainment services, intellectual property royalties, telecommunications, computers and information services, up 33.6%, 29.1% and 21.7% respectively. The import of knowledge intensive services was 850.55 billion yuan, an increase of 9.3%, accounting for 38.7% of the total import of services. Shu Jueting said that the novel coronavirus pneumonia epidemic situation has continued to affect the import and export of travel services. From January to October, China's import and export of travel services reached 631.68 billion yuan, a decrease of 27.7%, of which export decreased by 39.5% and import decreased by 26.1%. Excluding travel services, China's import and export of other services increased by 25% from January to October, of which export increased by 33.7% and import increased by 16.1%; Compared with the same period in 2019, the import and export of other services increased by 27.9%, of which the export increased by 40.1% and the import increased by 16%. (outlook new era)