Press release
Decoding Chongqing's Cross-Border Trade through the Yumaotong Smart Trade Platform
Image: https://www.globalnewslines.com/uploads/2025/05/6b5ab283cf1e109e760b050d94e482f2.jpg
Photo: Yumaotong Smart Trade Platform . B y He Penglei
The Yumaotong Smart Trade Platform, developed and operated by CFTEC, integrates a one-stop digital mall, comprehensive foreign trade service market, and trade business management system. It builds a full-process digital channel for products from the Chengdu-Chongqing region and along the New International Land-Sea Trade Corridor to "go global." The platform operates from the Jiangbeizui center, linked with the Chongqing Hub Port Industrial Park operation center, establishing a new digital trade framework.
Image: https://www.globalnewslines.com/uploads/2025/05/8c1c0ecfa0995cf5e7055d7d12fb35e2.jpg
Photo : Event site. B y Huang Weizheng
At this year's fair,CFTEC has signed a cooperation agreement with the Jiangbei District Government to jointly create a one-stop digital mall, providing comprehensive services including transaction matchmaking, trade consulting, documentation, customs inspection, logistics, payment, and tax refund settlement, while also establishing a national-level "Technology Business Incubator" and foreign trade industrial cluster.
Additionally,Mingde Groupa subsidiary of CFTEC has signed a strategic cooperation framework agreement with the Guangdong-Hong Kong-Macao Greater Bay Area, promoting deep financial collaboration between Chongqing and Hong Kong in areas such as cross-border financial services, capital market cooperation, fintech, green and sustainable finance, and talent exchange and training.
Chongqing is one of 25 cities involved in a special action led by the General Administration of Customs aimed at facilitating cross-border trade. The recently released "Chongqing Cross-Border Financial Development Report" noted that Chongqing ranks among the top in the central and western regions for financial openness. As of the end of March 2025, Chongqing's cross-border trade high-level opening pilot has supported 350 quality enterprises with trade settlements exceeding $110 billion.
On May 21, Yu Zhaohong, chief economist of the Chongqing Municipal Commission of Commerce, stated at a press conference that Chongqing is actively cultivating new business models such as market procurement trade, digital trade, and cross-border e-commerce, enabling more products to exit the country more conveniently. For instance, in 2024, Chongqing is expected to achieve nearly 40 billion yuan in cross-border e-commerce transaction volume.
Today, the Western China International Fair has become an important window for Chongqing's opening up and a key platform for economic and trade cooperation in the western region. As a new model of foreign trade, cross-border e-commerce has become a significant force in stabilizing foreign trade, further helping Chongqing enterprises enter the global market.
Media Contact
Company Name: Yumaotong Smart Trade Platform
Contact Person: Luo Bing
Email: Send Email [http://www.universalpressrelease.com/?pr=decoding-chongqings-crossborder-trade-through-the-yumaotong-smart-trade-platform]
City: Chongqing
Country: China
Website: http://www.yumaotong.cn/
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