XTransfer pushes new trade payment model at 2025 summit


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XTransfer, China’s leading B2B cross-border payment platform, hosted its annual TradeVision Summit 2025 on August 26 in Guangzhou, which gathered over 3,000 global traders, bankers and policymakers for a day of debates on global trade resilience and innovation.

Themed “Globalise with Local Accounts, Explore New Trade Markets”, the summit focused on XTransfer’s expansion into emerging markets and its plans for the future of trade settlement infrastructure.

A grand stage for foreign trade

Hosted at the Guangzhou Baiyun International Conference Centre, the event was also backed by heavyweight financial partners including ICBC, Bank of China, Deutsche Bank and OCBC Bank.

“The China-US trade disputes have evolved into global trade disputes, yet our [Chinese] SMEs have shown great resilience and innovation by actively exploring non-European and non-US markets,” Bill Deng, the company’s founder and CEO, told the packed hall in his keynote address.

Emerging markets, such as those in Africa and South America, have become increasingly important for exports, thanks to demographic dividends and infrastructure demand, he said.

XTransfer and SPD Bank sign a strategic co-operation agreement as both seek to strengthen cross-border settlement services.
XTransfer and SPD Bank sign a strategic co-operation agreement as both seek to strengthen cross-border settlement services.

PMI signals optimism

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