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Further Acceleration of Cross border Settlement in China (Zhaoqing) Cross border E-commerce Comprehensive Pilot Zone--Investment Paradise - Zhaoqing, China

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Further Acceleration of Cross border Settlement in China (Zhaoqing) Cross border E-commerce Comprehensive Pilot Zone


Zhaoqing Business 2023-03-20 18:25 Published in Guangdong


On March 16th, the promotion ceremony and bank enterprise financing docking meeting of the cross-border trade convenient settlement platform "Zhaohuitong" jointly organized by the Zhaoqing Municipal Bureau of Commerce and the Zhaoqing Central Branch of the State Administration of Foreign Exchange were successfully held. Li Xingwen, member of the Standing Committee of the Zhaoqing Municipal Committee and Executive Vice Mayor, attended the event, with over 100 representatives from financial institutions and foreign trade enterprises attending.


The promotion ceremony of "Zhaohuitong", a convenient cross-border trade settlement platform.

The promotion ceremony of "Zhaohuitong", a convenient cross-border trade settlement platform.


Zhaohuitong "is an innovative measure jointly promoted by the Zhaoqing Municipal Bureau of Commerce and the Zhaoqing Central Branch of the State Administration of Foreign Exchange to promote the construction of the financial service system in the China (Zhaoqing) Cross border E-commerce Comprehensive Pilot Zone. It not only breaks through the high cost of offline document preparation and round-trip time for enterprises, but also solves the pain points of information asymmetry between banks and enterprises and low efficiency of manual document review by banks, Realizing the transfer of cross-border funds within 10 minutes has greatly improved the efficiency of foreign trade enterprise capital turnover, exploring new paths and accumulating new experience for optimizing the financial service environment of the cross-border e-commerce comprehensive pilot zone. In the next stage, "Zhaohuitong" will further upgrade and expand on the basis of exploring new trade formats such as cross-border e-commerce in the early stage, and promote convenient and high-quality services to all foreign trade enterprises.


The picture shows the on-site docking meeting.


At the promotion ceremony, Huang Lifen, Director of the Zhaoqing Municipal Bureau of Commerce, introduced the construction and development achievements of China's (Zhaoqing) cross-border e-commerce comprehensive pilot zone in recent years. Huang Lifen stated that vigorously developing new forms of cross-border e-commerce and foreign trade is not only an inevitable choice to adapt to the times, but also a necessary path for the foreign trade industry to seek transformation, upgrading, and innovative development. I hope that enterprises can seize the opportunity of high-quality development in Zhaoqing, embrace the new trend of cross-border e-commerce, focus on expanding and strengthening their main business, and continuously improve their quality brand.



Next, in accordance with the deployment requirements for high-quality development proposed by the province and city, the Zhaoqing Municipal Bureau of Commerce will continue to focus on policy implementation and resource integration, leverage the advantages of our city's cross-border e-commerce, work together to gather strong forces, promote Zhaoqing products to go global through the network, create the brand effect of Zhaoqing products, and enhance international competitiveness, Contribute to the acceleration of the construction of the western growth pole in the core area of the Pearl River Delta and the modern new city in the Guangdong Hong Kong Macao Greater Bay Area in Zhaoqing.



Zhaoqing New Area Economic Promotion Bureau

Address: within the Management Committee of Zhaoqing New Area, No. 1 Jinhua Road, Dinghu District, Zhaoqing City, Guangdong Province

Tel:    0086-758-2583333

Fax:   0086-758-2588213

Email: investzqxq@163.com


Zhaoqing Investment Promotion Bureau

Address: 6/F, No. 18, Jiangbin West Road, Duanzhou District, Zhaoqing City, Guangdong Province

Tel: +86 758 2899202

Fax: +86 758 2282600

Email: zqszsj@126.com

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