Recently the Ministry of Commerce has released statistics of China imports and exports in the first half of 2017. It’s reported that China has achieved double-digit growth in service imports and exports in the first half of 2017, with a total import and export volume of 2287.14 billion yuan, up 12.9%. Among them, exports hit 695.09 billion yuan, up 5.6%; imports 1592.05 billion yuan, 16.5%, with 899.66-billion-yuan deficit.

It’s noteworthy that IP service exports amounted to 14.94 billion yuan, up 458.4%, which continues the rapid growth since this year.