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Switzerland: China drives robust Asian services trade growth in Q1

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China ignited Asia's services trade expansion in the first quarter of 2025, driving the overall exports growth of Asia to 9 percent, according to the World Trade Organization (WTO) on Thursday. The country delivered standout performances, with its transport exports surging 31 percent year on year and tourism revenue rocketing 96 percent year on year. This outpaced the global services trade growth which moderated to 5 percent during the same period, while Europe and North America saw only 3 percent export growth. WTO data further indicated that major Asian economies sustained double-digit services export growth during the first five months in 2025, overwhelming Western counterparts. China, India and Japan posted increases of 13 percent, 12 percent and 11 percent respectively in this period. Shotlist: Geneva, Switzerland - July 22-23, 2025: 1. Various of WTO headquarters, sign; traffic; FILE: Shanghai, China - Date Unknown 2. Aerial shots of cityscape; FILE: China - Exact Location and Date Unknown 3. Various of factory interior, equipment; Hamburg, Germany - July 15, 2025 4. Various of ships, facilities at Port of Hamburg; FILE: New York City, USA - Oct 2024 5. Port scene; FILE: China - Exact Location and Date Unknown 6. Aerial shots of port scene; containers, ship, facilities; 7. Ship loaded with containers sailing; 8. Various of cranes moving containers; FILE: Xiamen City, Fujian Province, east China - Date Unknown 9. Aerial shots of port; ship sailing. [Restriction - No access Chinese mainland]

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