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The adjustment of US tariff policies has triggered turbulence in international trade relations and brought more uncertainty to the global economy. However, China's foreign trade still demonstrates strong resilience. According to data from the General Administration of Customs, China's goods trade exports reached 2.31 trillion yuan in July this year, a year-on-year increase of 8%. Behind this resilient growth, digitization is gradually becoming a key pillar.
Recently, a survey conducted by FedEx showed that 52% of surveyed companies are considering diversifying their supply chains in the next year to better cope with global trade uncertainty, and another 19% of surveyed companies have already begun this action. The original intention of this research is to help customers in the Asia Pacific region flexibly respond to changes in regulations and trade environment.
The survey also shows that the ongoing tariff uncertainty and rising cost pressures are both driving forces and obstacles for companies to promote supply chain diversification. This result also highlights that addressing customs clearance challenges and enhancing supply chain resilience are crucial for Chinese companies to expand into global markets.
Currently, the global trade landscape is constantly evolving, and companies should actively enhance their flexibility to cope with changes in order to gain development opportunities in the future, "said Xu Baoyan, President of FedEx China." FedEx will continue to use data-driven insights and customized solutions to help companies turn challenges into opportunities in uncertainty and thrive in the new era of international trade
Xu Baoyan gave an example that in the face of ongoing regulatory uncertainty, companies need more tools to cope with increasingly complex situations. FedEx has comprehensive service solutions such as digital trade tools and customized guides, which can effectively help businesses reduce delays, avoid unplanned costs, and maintain efficient operations. Enterprises can flexibly use tools such as FedEx Global Trade Manager to estimate tariffs and taxes, search for applicable tariff terms, and obtain key trade information. At the same time, submitting relevant data through electronic trade documents can achieve paperless and faster customs clearance, reducing the risk of delays.
In the context of intensified global competition, digitalization in the payment field has provided assistance for enterprises' global layout.
Recently, global payment platform PingPong announced that it will become one of the first Asian payment companies to support businesses in using Wero. This measure will further assist enterprises in seizing emerging payment trends, quickly reaching and retaining European consumers, and accelerating the process of globalization.
Wero is the first pan European payment software created by the European Payment Initiative (EPI) in collaboration with 16 leading European banks and financial institutions, aiming to break the decentralized payment pattern of "one country, one tool" in Europe. At present, it has covered over 75% of active bank account users in core markets such as Germany, France, and the Benelux Economic Union. Based on the estimated total population of the core European market, accessing Wero is expected to reach over 250 million mainstream consumer groups.
It is reported that after Wero's payment service for enterprises was launched in October this year, Chinese companies can obtain this unified and instant digital payment service in the European market through PingPong for the first time, accelerating their expansion and layout in the European market.
As the "payment base" for enterprise globalization, PingPong provides one-stop cross-border solutions such as cross-border collection, payment, remittance, management, SaaS, etc. for small and medium-sized enterprises, large technology enterprises and institutions, helping them reduce costs, increase efficiency, and expand their operations. At present, its service network covers more than 200 countries and regions worldwide, with 38 branch offices in 15 countries including China, the United States, and Luxembourg, and possessing over 60 global payment licenses and permits. PingPong has served numerous Chinese foreign trade enterprises with a cumulative transaction amount of nearly 2 trillion yuan, becoming a key support for promoting cost reduction and efficiency improvement in the foreign trade industry.
The previously released "Dahua Bank Enterprise Outlook Survey Report 2025 (Mainland China Edition)" shows that 90% of domestic surveyed enterprises have implemented digital solutions, and digital applications are continuously deepening and achieving significant results. In the process of empowering new quality productivity with technology, enterprises are laying out cutting-edge technologies such as artificial intelligence, automation, cloud computing, and generative AI. Although 54% of companies believe that the cost of implementing digitalization is high, nearly 80% of companies still plan to increase their digital investment by more than 10% this year.
Xin Tao, Managing Director of Dahua Bank China, Head of Wholesale Banking Department and Head of Corporate Banking Department, stated in an interview that Dahua Bank's corporate digital banking platform UOB Infinity and industry insights can help Chinese enterprises improve operational efficiency, optimize supply chain management, and explore new growth points. On the basis of the existing cash management visualization, this platform has added digital supply chain financial services.