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].

Group 1 - The Ministry of Commerce announced a work plan to support Beijing in piloting the WTO E-commerce Agreement, aiming to implement global digital trade rules established by the WTO by the end of 2024 [1] - The initiative is a collaboration among five national departments, with a focus on accelerating the implementation of measures in Beijing and creating replicable experiences for global application [1] - The WTO Deputy Director-General emphasized that the implementation of the E-commerce Agreement in Beijing will set a foundation for nationwide adoption and demonstrate China's commitment to high-level openness [1] Group 2 - The 2025 Global Service Trade Entrepreneurs Summit focused on the impact of artificial intelligence on service trade and the demand for inclusive development in global service trade [2] - The Global Service Trade Alliance released a report analyzing the latest trends and structural changes in service trade, identifying key factors affecting inclusive development and proposing targeted recommendations [2] - The report highlighted that while digital technology drives rapid growth in service trade, challenges such as the digital divide and trade protectionism increase uncertainty and instability in global service trade [2] Group 3 - Recommendations from the report include enhancing global digital infrastructure, supporting developing countries in cultivating new business models, and improving human resource development for better participation in service trade [3] - The Global Service Trade Alliance also launched the "2025 Initiative for Promoting Inclusive Development in Global Service Trade," aiming to ensure equal opportunities and sustainable development in service trade for economies at different development stages [3] - The initiative emphasizes the importance of improving service trade-related rules, supporting capacity building in developing countries, and promoting inclusive supply chain development [3]

Core Insights - The 2025 Global Service Trade Entrepreneurs Summit focuses on the impact of artificial intelligence on service trade and the demand for inclusive development in global service trade [1] - The summit aims to address uncertainties and imbalances in global service trade caused by digital divides, trade protectionism, and supply chain restructuring [1] Group 1: Summit Overview - The summit is hosted by the Global Service Trade Alliance and has become an important thematic forum since its establishment in 2022, with over 500 high-level representatives attending [1] - The theme "Digital Intelligence Drives Inclusive Development" emphasizes the role of digital technology in promoting service trade growth [1] Group 2: Policy Announcements - The Ministry of Commerce released a work plan to support Beijing in piloting the WTO's E-commerce Agreement, aiming for implementation by the end of 2024 [2] - The E-commerce Agreement's implementation in Beijing is expected to set a precedent for nationwide adoption and demonstrate China's commitment to high-level openness [2] Group 3: Reports and Committees - The Global Service Trade Alliance published the "Global Service Trade Inclusive Development Trend Report 2025," which elaborates on the concept of inclusive development from a global perspective [2] - The establishment of the Digital Economy Committee and the Aviation Industry Committee marks a new level of professional service capability and institutional development for the alliance [2] Group 4: Keynote Speeches - The International Trade Centre's Deputy Executive Director highlighted that service trade is a vital component of the global economy, reshaping trade operations and creating opportunities for various market players, including SMEs [3] - The application of digital technology, particularly AI, is crucial for the development of SMEs and service trade, emphasizing the need for cohesive strategies rather than fragmented approaches [3] Group 5: Policy Dialogue - A panel discussion featured representatives from various countries and organizations discussing the impact of inclusive service trade policies on businesses and compliance requirements [4] - The dialogue provided new insights and valuable references for government departments, industry organizations, and enterprises to achieve inclusive development [4]

Group 1 - The core viewpoint emphasizes the importance of promoting inclusive development in global service trade amidst a changing economic landscape [1][2] - The "2025 Global Service Trade Inclusive Development Roundtable" aims to share development experiences, trend assessments, and policy recommendations to explore new opportunities in service trade [1][2] - The World Trade Organization (WTO) projects a 4% growth in global service exports by 2025, highlighting the resilience of service trade compared to goods trade [1] Group 2 - The "Global Service Trade Inclusive Development Initiative 2025" was launched to promote equal opportunities, shared benefits, and sustainable development in service trade [2] - Key areas of focus include advocating for inclusive development, improving service trade rules, supporting capacity building in developing countries, and enhancing human resource and knowledge exchange [2] - The conference discussed three core topics: promoting inclusive development through industry organizations, digital technology, and commercial services, providing insights for businesses involved in global service trade [2] Group 3 - The service trade alliance will continue to promote the implementation of the initiative, fostering international cooperation and higher levels of service trade liberalization [3] - The shift from purely efficiency-driven growth to a focus on fairness and shared benefits reflects a broader commitment to building a community with a shared future for humanity [3]

Core Viewpoint - The promotion of inclusive development in global service trade has become a key issue in international economic cooperation, highlighted by the "2025 Global Service Trade Inclusive Development Roundtable" held during the 2025 Service Trade Fair [1][2]. Group 1: Global Service Trade Development - The World Trade Organization (WTO) reports that global service exports are expected to grow by 4% by 2025, indicating the resilience of service trade compared to goods trade [1]. - In the first half of 2025, China's total service trade import and export volume reached 3.9 trillion yuan, a year-on-year increase of 8%, marking a historical high for the same period [1]. Group 2: The Initiative for Inclusive Development - The "Initiative for Promoting Inclusive Development of Global Service Trade 2025" was officially released, aiming to promote equal opportunities, shared benefits, and sustainable development in service trade [2]. - The initiative emphasizes collaboration in key areas such as advocating for inclusive service trade development, improving related rules, supporting capacity building in developing countries, enhancing human resources and knowledge exchange, and promoting inclusive supply chain development [2]. Group 3: Discussion Topics at the Conference - The conference focused on three core topics: promoting inclusive development through industry organizations, leveraging digital technology for inclusive development, and enhancing commercial services for inclusive development [2]. - Discussions included sharing experiences in service industry development and innovative practices among enterprises, providing references for companies and institutions involved in global service trade [2]. Group 4: Future Directions - The service trade alliance aims to continue promoting the implementation of the initiative, enhancing international cooperation, and contributing to the recovery of the world economy and the achievement of the United Nations' 2030 Sustainable Development Goals [3]. - The shift from purely pursuing efficiency and growth to emphasizing fairness and shared inclusive growth will be crucial for creating common value and building a community with a shared future for mankind [3].