Navigating Sino–European trade headwinds
Services exports to China a less explored area to unleash strength
By Zheng Wanyin in London |
chinadaily.com.cn |
Updated: 2026-08-21 05:15
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In China, services accounted for only 26 percent of the value-added inputs in manufacturing's total backward linkages. That compares with more than 41 percent in Germany, another major manufacturing economy, according to OECD data cited in a 2019 report jointly produced by the World Bank Group and China's Development Research Center of the State Council.
The figure suggests a "weak linkage" between services and manufacturing in China, the report said.
China needs not only to learn from Europe how to deepen such linkages, but also to embrace the "awareness" underpinning them, Zhou said.
"You cannot simply sell a product and think that is the end of it."
