Business Daily Media

The Times


.

XTransfer Hosts "2025 TradeVision Summit"

Announces “Export Purchasing Manager Index” of China B2B Export Outlook Remains Positive in July 2025

HONG KONG SAR - Media OutReach Newswire - 28 August 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, successfully held "XTransfer TradeVision Summit 2025" in Guangzhou, an annual grand event of the Chinese foreign trade industry.

Organised by XTransfer and supported on-site by multiple international financial institutions, including ICBC, Bank of China, Deutsche Bank, and OCBC Bank. More than 3,000 representatives from foreign trade enterprises, factories, and trading companies across the country gathered to discuss global trade trends and new opportunities in emerging markets.

XTransfer Founder & CEO, Bill Deng, speaks at “XTransfer TradeVision Summit 2025”.
XTransfer Founder & CEO, Bill Deng, speaks at “XTransfer TradeVision Summit 2025”.

During the event, XTransfer Founder & CEO Bill Deng stated, "Trade disputes between China and the US have evolved into global trade disputes, yet China's SMEs in foreign trade have shown great resilience and innovation, actively exploring non-European and non-U.S. markets. Emerging markets, such as those in Africa, have become new blue oceans for exports, offering vast business opportunities due to demographic dividends and infrastructure needs. XTransfer is also actively expanding in emerging markets, providing fast, secure, and affordable cross-border payment services to both Chinese and local foreign trade enterprises. XTransfer now serves over 700,000 clients worldwide and is leading a mobile payment revolution in cross-border B2B trade. In the next five years, we aim for tenfold growth, at which point the mobile payment revolution will be largely complete."

XTransfer Releases July 2025 "Small and Medium Enterprises (B2B) Merchandise Export PMI Index" of China
At the summit, XTransfer released the July 2025 "Small and Medium Enterprises (B2B) Merchandise Export Purchasing Manager Index" of China (referred to as the XTransfer PMI), the first index initiated by the private sector to focus on export trends in China's foreign trade industry. Data shows that the XTransfer PMI for July 2025 recorded 52.4%, above the 50% threshold, reflecting continued positive export momentum and strong resilience among SMEs. The survey found that African countries posted the highest export PMI, making them the new blue ocean for SME overseas market expansion, with "New Three" export categories showing outstanding performance.

The XTransfer PMI is derived from a sample survey of over 2,500 foreign trade SMEs drawn from a pool of more than 700,000 on the XTransfer platform. This survey encompasses 28 major export provinces and 148 cities across China, providing an authoritative reference for the industry. The index analyses various aspects of the export process, including procurement, sales, logistics, personnel, and capital. It aims to assist SMEs in forecasting trends and optimising their business strategies.

SMEs Showcase Resilience Amid Positive Export Environment
Looking at the sub-indices of the XTransfer PMI, the three key indicators reflecting overall SME export performance, namely the Export Orders Index, Export Price Index, and Capital Turnover Index, all remain well above the 50% threshold. This indicates a strong and stable export environment for SMEs.

African Countries Record Highest Export PMI; Emerging Markets in Asia, Africa, and Latin America Show Strong Performance
Among different export destination countries/regions, the Export PMI for African countries reached the highest (53.7%). Especially in the Export Orders Index, African countries far outperformed other areas, with Ghana and Nigeria standing out. As demand from the U.S. market declines, Africa, with its demographic advantages, significant infrastructure needs, and evolving consumer markets, has emerged as a promising opportunity for SMEs seeking to expand overseas. In addition, the Export Orders and Price Index for SMEs in ASEAN, Africa, and Latin America demonstrated a strong performance, reflecting the continued efforts of SMEs to develop in emerging markets.

XTransfer helps foreign trade companies efficiently expand into emerging markets in Asia, Africa, and Latin America by providing localised cross-border payment solutions. Working with local banks and financial institutions in Nigeria, Ghana, Brazil, South Africa, and other countries, XTransfer has launched Local Currency Accounts, supporting settlements in over 30 currencies, including the Nigerian Naira, Ghanaian Cedi, Brazilian Real, and South African Rand. This enables buyers to pay directly via local payment systems, reducing intermediaries and FX losses.

The "New Three" Categories Lead Export Growth
The export product structure is further optimised, with mechanical and electrical products, base metals, and textiles remaining the backbone. The "New Three" products, represented by lithium batteries, new energy vehicles, and solar cells, have performed exceptionally well, with the Export Price Index significantly higher than the overall market. Lithium batteries and new energy vehicles have seen both volume and price increases, and export destinations are becoming increasingly diversified.

Southeast Asia has become a major export destination for the "New Three" products, with significant growth in exports of electric vehicles and batteries to Vietnam, Thailand, Malaysia, and other ASEAN countries. European policies promoting reduced carbon emissions and renewable energy have also driven demand for related products. Meanwhile, infrastructure demand in Latin America and Africa presents significant market potential for these categories.

Customer interviews reveal that SMEs remain highly resilient amid global uncertainty and increasing competition, responding to challenges through product innovation, service upgrades, and diversified market layouts, and actively expanding into emerging markets beyond traditional markets in Europe and the US.
Hashtag: #XTransfer #PMI #TradeVisionSummit #Crossborder #Payment #SMEs






The issuer is solely responsible for the content of this announcement.

About XTransfer

XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information, please visit:

News from Asia

Singaporeans Feeling the Pressure: Cost Concerns Rise as Household Optimism and Government Ratings Weaken - Blackbox Research Study

Blackbox’s latest SensingSG findings show affordability concerns rising amid global headwinds; workplace sentiment and the Good Governance Meter see notable falls.SINGAPORE – Media OutReach Newswi...

SIM Academy Explores How Mid-Career Professionals Can Build More Resilient Skills Portfolios

SINGAPORE - Media OutReach Newswire – 22 October 2026 - For many professionals in their 40s, upskilling has become a practical necessity rather than a discretionary choice. With technological chan...

ZTE Launches M8000 Intelligent Computing Micro-Module Data Center, New-Gen AIDC IT POD Solution for Global Deployment

SINGAPORE – Media OutReach Newswire – 22 October 2026 – ZTE Corporation (0763.HK / 000063.SZ), a global leading provider of integrated information and communication technology solutions. ZTE has o...

Hisential Clinics Singapore Advocates Doctor-Led Men's Health Screening Ahead of Movember 2026

The Orchard Road clinic outlines a goal-based alternative to off-the-shelf test packages*SINGAPORE - Media OutReach Newswire - 22 October 2026 - Hisential Clinics Singapore, a doctor-led health sc...

Vincom Retail Partners with South Korean Premium Buffet Giant QooQoo

HANOI, VIETNAM – Media OutReach Newswire - 22 October 2026 – Vincom Retail has signed a memorandum of understanding (MoU) for strategic cooperation with QooQoo Franchise Group, the company behind ...

OPPO Find X10 Series Launches Globally with True-to-Life Imaging and All-Round Flagship Upgrades

SHENZHEN, CHINA – Media OutReach Newswire – 22 October 2026 – Leading global smart device brand OPPO today announced the global launch of its latest flagship smartphones, Find X10 and Find X10 Pro...

Polarise Launches Sovereign AI Cloud at NVIDIA GTC Berlin, Delivering Enterprise AI From Data Center to Application

With Polarise Rise and Polarise Drive, the German AI provider extends its own European AI Factories into a full-stack sovereign cloudBERLIN, GERMANY – Newsaktuell – 22 October 2026 – Polarise annou...

Torras Ostand Q3 Vegskin Nature Iphone Case: A Premium iPhone Case Inspired by the Textures of Nature

TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – The Torras Ostand Q3 Vegskin Nature Iphone Case is an iPhone case featuring the refined texture of organic silicone and a palette of ca...

TORRAS Launches Four New Ostand iPhone Cases with Built-In Stands for iPhone 18 Pro and Pro Max

From rugged protection to refined design, four new models tailored to different needs.TOKYO, JAPAN – Media OutReach Newswire – 22 October 2026 – Rakuso Mirai Co., Ltd., the company behind the smar...

APAC CEOs face the same AI and geopolitical pressures as their global peers but are more confident in navigating complexities

SINGAPORE – Media OutReach Newswire – 22 October 2026 – Egon Zehnder, the world's premier leadership advisory firm, today released the results of its latest global CEO survey, The CEO Response...

Australian workers spend almost an hour a day administering email

Research finds email filing, searching and rework consuming an estimated 58 minutes a day and potentially exposing organisations to millionsAustralian...

Customer Service Is Becoming Part of the Small Business Sales and Marketing Engine

For Customer Service Week, 5-9 October, Thryv is urging small businesses to look beyond generating  enquiries and examine what happens after a custome...

Gift Cards as the gateway to agentic payments

Prepaid and stored value gives consumers the trust and control to try AI shopping agents By Blackhawk Network VP Head of ANZ Kieran Nolan For deca...

Why Data Accumulation Without Governance Undermines Sustainability Goals

In July 2026, Group 2 entities, the second cohort of Australian businesses, began their first reporting period under the mandatory climate disclosur...

Permanent $20,000 Instant Asset Write-Off Gives Small Businesses Greater Planning Certainty

The Federal Government’s decision to permanently legislate the $20,000 instant asset write-off will give eligible small businesses greater certainty...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...