SME exports remain on steady track in July
China DailyEmployees work at a garment production facility in Fuzhou, Fujian province, in March. The PMI for SMEs Merchandise Export — an index tracked by B2B cross-border trade payment platform XTransfer — reached 50.4, reflecting the resilience of these midsized firms. The report was compiled through sampling surveys of SMEs covering foreign trade on XTransfer's platform, and analyzing information related to the complete export process, such as those concerning export orders, prices and procurement. Founded in 2017 and serving over 550,000 SMEs, the Shanghai-based XTransfer's cross-border trade payment platform provides one-stop solutions for companies, including foreign trade collection, multicurrency cash management, investment and risk management services. By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multicurrency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centering on SMEs.
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SME exports remain on steady track in July
China Daily
SME exports remain on steady track in July
China Daily
Trade figures give fresh push to recovery
China Daily
Trade figures give fresh push to recovery
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