China’s new trade front with the world – services
The country is rapidly moving up the global ranks as an exporter of knowledge-intensive products
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
NO NATION in the world exports as much merchandise as China. But having conquered global trade in goods, it is now rapidly moving up the international ranks as a leading exporter of knowledge-intensive services.
China’s new trade front with the world is the export of services such as information and communication technology (ICT), construction management, engineering services, data analytics, and research and development. And to a lesser degree, financial services and intellectual property rights.
Based on data from the World Trade Organization, China already ranks as the world’s sixth-largest exporter of digitally delivered services, up from 17th place in 2005.
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
