According to the website of the Ministry of Commerce, the person in charge of the Service Trade Department of the Ministry of Commerce introduced the development of service trade from January to October 2023, stating that China's service trade will continue to maintain a growth trend from January to October 2023. The total import and export volume of services was RMB 5344.53 billion, a year-on-year increase of 8.7%. Among them, exports amounted to 21826.7 billion yuan, a decrease of 7.4%; Imports amounted to 3161.86 billion yuan, an increase of 23.5%; The service trade deficit is 979.19 billion yuan. The main characteristics are as follows: knowledge intensive service trade maintains growth. From January to October, the import and export of knowledge intensive services reached 2230.8 billion yuan, a year-on-year increase of 8.9%. Among them, the export of knowledge intensive services was 1269.61 billion yuan, an increase of 10.4%, and the import of knowledge intensive services was 961.19 billion yuan, an increase of 7.1%. Rapid recovery of travel services. From January to October, the import and export of travel services reached 1183.36 billion yuan, a year-on-year increase of 71.7%, continuing to maintain the fastest growing service trade sector. Among them, exports increased by 53.8% and imports increased by 73.2%. (Lai Xin She)