Xiamen digital trade platform to showcase e-CNY solutions at CIFIT

The Xiamen Shumaotong Platform Commercial Rollout & Cross-Border Trade (token exports) e-CNY Settlement Innovation Conference will be held at the Xiamen International Expo Center (XIEC) on Sept 9 during the 26th China International Fair for Investment and Trade, showcasing new approaches to cross-border trade settlement powered by e-CNY.

The conference will highlight the platform's application of e-CNY in cross-border trade, demonstrating capabilities including near-instant settlement, lower transaction costs, full-process traceability, and multi-currency exchange.

The event will bring together representatives from government departments, financial institutions, and cross-border trade ecosystem partners to witness the latest achievements, as partner banks, token export enterprises, and foreign trade companies sign cooperation agreements with the platform. 

A live connection with nodes in Singapore and Hong Kong will also demonstrate the full process of cross-border trade e-CNY settlement, including order submission, intelligent review, cross-border clearing, and fund arrival.

The platform will also be showcased in Hall 5 of the XIEC's Financial Area from Sept 8 to 11, featuring innovative e-CNY applications in cross-border trade and e-commerce, domestic payments, and e-CNY hardware wallets.

A rendering of the Xiamen Shumaotong Platform exhibition. [Photo provided to ftz.xm.gov.cn]

Source：en.ftz.xm.gov.cn