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.
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
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https://www.facebook.com/XTransferGlobal/
https://www.instagram.com/xtransfer.global
Hashtag: #XTransfer #PMI #TradeVisionSummit #Crossborder #Payment #SMEs
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