China's Service Sector Value Added Reaches 62.8 Trillion Yuan in First Three Quarters, with State Council Directing Expansion and Quality Improvement

In the first three quarters of 2026, China's service sector value added reached 62.8 trillion yuan, a year-on-year increase of 5.2%, while total service imports and exports grew by 8.5%. In April, the State Council issued guidance on promoting the expansion and quality improvement of the service sector, aiming to enhance its digitalization, standardization, integration, and internationalization to better support manufacturing and public livelihood.