Core Viewpoint - The global service trade is increasingly becoming a key driver of trade growth, with a notable resilience in the trade system despite multiple economic challenges. Service trade is expected to grow by 9% in 2024, maintaining its growth rate from 2023, while all major service sectors are projected to experience growth [2][3][24]. Group 1: Global Service Trade Growth - The global service trade is projected to grow by 9% in 2024, with all major service sectors achieving growth, including transportation (8%), tourism (13%), and other commercial services (8%) [3][10][24]. - The total value of global goods trade is expected to reach $24.43 trillion in 2024, with a 2.9% increase in goods trade volume [3][10][24]. - Digital delivery service exports are anticipated to grow by 8.3%, reaching $4.64 trillion, accounting for 14.5% of total global goods and services exports [3][10][24]. Group 2: Regional Trade Performance - In 2024, Asia is expected to see the strongest growth in service trade at 13%, while Africa's service trade growth is projected at only 3% [4][10][24]. - North America is also expected to exceed import growth expectations, while Europe is experiencing a trade contraction [4][10][24]. Group 3: Inclusive Development in Service Trade - The demand for inclusive development in global service trade is on the rise, with digitalization playing a positive role in promoting this development [5][26]. - The "Global Service Trade Inclusive Development Trends Report 2025" outlines eight strategic recommendations to enhance inclusive service trade development, including improving digital infrastructure and supporting developing countries [6][26][27]. Group 4: China's Service Trade Dynamics - China's service trade is entering a phase of rapid development, with a focus on high-quality and diversified services, particularly in sectors like information services and finance [16][21][29]. - In the first seven months of 2023, China's service trade reached a total of 45,781.6 billion yuan, reflecting an 8.2% year-on-year growth [10][30][31].
智库要览丨服务贸易为全球经济发展注入更多新机遇
Sou Hu Cai Jing·2025-09-16 07:38