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China's Trade Transformation: From Goods to High-Tech Services Exports
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03.05.2026KI-Zusammenfassung

China's Trade Transformation: From Goods to High-Tech Services Exports

China is undergoing a structural trade transformation, shifting from exporting physical goods like footwear and handbags to becoming a major exporter of manufacturing technology and services. In 2025, China's exports of telecoms, computer and information services reached US$118 billion, a 13% year-on-year increase, while traditional goods exports declined—footwear fell 9% to US$46 billion and handbags/suitcases dropped 13% to US$30 billion. Companies like Guangzhou-based iRootech are leading this shift, exporting industrial AI and computer vision technology to global manufacturers.

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SCMP Economy