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China service sector value added reaches 62.8 trillion yuan; State Council pushes upgrade

1 reports1 sources11/6/2026 updated

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China's service sector value added reached 62.8 trillion yuan in the first three quarters of 2026, up 5.2 percent year on year, and service imports and exports grew 8.5 percent. The figures reflect the latest stage of a policy push launched in April, when the State Council issued the Opinions on Promoting Capacity Expansion and Quality Improvement of the Service Industry. That document calls for higher levels of digitalization, intelligence, standardization, integration and internationalization in services. Its stated goals are to strengthen support for manufacturing upgrades and to better serve public livelihoods.

Written with AI from the reporting · updated 11/6/2026

Latest developmentNov 6, 16:00
China's Service Sector Value Added Reaches 62.8 Trillion Yuan in First Three Quarters, with State Council Directing Expansion and Quality Improvement
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  1. 1Unclassified fact stationNov 6, 16:14single sourcereport-time onlyrevised

    我国服务业前三季度增加值62.8万亿元，国务院发文推进扩能提质

    Read original source ↗ China News Service · FinanceReplay this moment in the explorer
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    China News Service · Finance ↗Report pageRevision 2 · currently revised
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    Nov 6, 16:00
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    Nov 6, 16:14
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Nov 6
  1. China News Service · FinanceRelated fact: single sourceFact occurrence time unverifiedSource report revised
    China's Service Sector Value Added Reaches 62.8 Trillion Yuan in First Three Quarters, with State Council Directing Expansion and Quality Improvement

    Report first recorded Nov 6, 16:14

    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.

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