China

TenPay Global, Tencent's cross-border payment platform and one of the designated inaugural foreign institution partners of China's Cross-Border Interconnection Payment Gateway (CPG), is expanding the connection of international wallets and institutions to Weixin Pay through CPG.

Malaysia-based Zetrix AI Berhad, formerly known as MY E.G. Services Berhad, and the Federation of Malaysian Freight Forwarders (FMFF) have reaffirmed their commitment to jointly drive the full adoption of digital cross-border trade processing — beginning with the implementation of digital Certificates of Origin (COs) for trade between Malaysia and China.

China-based payment firm Tencent announced Tuesday the launch of TenPay Global Checkout, a new payment solution for Weixin Mini Program merchants operating in global markets to accept a wide range of local payment methods with ease.

The Bank of Thailand (BOT) has announced the launch of a new initiative, the cross-border QR payment linkage between Thai banks and three Chinese payment service providers (Alipay, UnionPay, and WeChat Pay), on last Thursday.

J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.

Weixin Pay has signed a strategic cooperation agreement with National ITMX (NITMX), the operator of Thailand's national real-time payment system, PromptPay.

TikTok, the subsidiary of the China-based tech firm ByteDance, has signed a Memorandum of Understanding (MOU) with the Center of Digital Transformation under Vietnam's Ministry of Culture, Sports and Tourism to boost the country's digital ecosystem.

Sunway iLabs, the innovation lab and corporate venture capital arm of Malaysia-based Sunway Group, has announced a strategic partnership with China International Capital Corporation (CICC), one of China’s leading investment banks, to advance artificial intelligence (AI) technology and deepen cross-border cooperation between China and Malaysia.

Alibaba Cloud, the digital technology and intelligence arm of Alibaba Group, has officially announced the launch of its second data center in Dubai.

The two fairs have attracted over 3,200 exhibitors from 20 countries and regions. In addition to companies from the Chinese Mainland, Hong Kong, Macao and Taiwan, participants are joining from the Asia-Pacific region, including Australia, India, Japan, Korea and Singapore, and from Europe and North America, including Canada, Denmark, France, Germany, Italy,…