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world Scmp World 2026-05-03

China Shifts Export Focus from Goods to High-Value Tech Services

China is undergoing a significant economic transformation, moving beyond traditional exports like footwear and furniture. The nation is now rapidly becoming a major exporter of manufacturing technology and high-value services, with telecoms and information service exports reaching 808 billion yuan in 2025.


For decades, the global image of Chinese trade was synonymous with massive container ships loaded with footwear, bags and furniture. However, a profound structural shift is under way. Having conquered the world of physical goods, China is now rapidly ascending the industrial chain as an emerging exporter of manufacturing technology. In 2025, the countryโ€™s exports of telecoms, computer and information services reached 808 billion yuan (US$118 billion), marking a robust 13 per cent year-on-year...

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