SMM Update: Consumer Trade-in Sales Surpass 2.5 Trillion Yuan; Service Trade Volume Up 7.5% YoY

Published: Dec 7, 2025 20:54

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[SMM Domestic Economic Data Update] According to the Ministry of Commerce, in the first 11 months of this year, sales of related goods through the consumer trade-in program successfully exceeded 2.5 trillion yuan, benefiting over 360 million people. Additionally, in the first 10 months of this year, China's total service trade import and export volume reached 6,584.43 billion yuan, up 7.5% YoY, while the service trade deficit narrowed by 269.39 billion yuan YoY to 766.37 billion yuan.

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