Announces"Export Purchasing Manager Index"ofChina
B2B Export Outlook Remains Positive inJuly 2025
HONG KONG,Aug. 27, 2025/PRNewswire/ --XTransfer, the World's Leading&China'sNo.1 B2B Cross-Border Trade Payment Platform,successfully held"XTransfer TradeVision Summit 2025"inGuangzhou, 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 ofChina, 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.
During the event,XTransfer Founder& CEOBill Dengstated,"Trade disputes betweenChinaand the US have evolved into global trade disputes, yetChina'sSMEs in foreign trade have shown great resilience and innovation, actively exploring non-European and non-U.S. markets. Emerging markets, such as those inAfrica, 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 ReleasesJuly 2025"Small and Medium Enterprises (B2B)Merchandise Export PMI Index"ofChina
At the summit, XTransfer released theJuly 2025"Small and Medium Enterprises (B2B) Merchandise Export Purchasing Manager Index"ofChina(referred to asthe XTransfer PMI),the first index initiated by the private sector to focus on export trends inChina'sforeign trade industry.Data shows that the XTransfer PMI forJuly 2025recorded 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 acrossChina, 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 inAsia,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, withGhanaandNigeriastanding 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, andLatin Americademonstrated a strong performance, reflecting the continued efforts of SMEs to develop in emerging markets.
XTransfer helps foreign trade companies efficiently expand into emerging markets inAsia,Africa, andLatin Americaby providing localised cross-border payment solutions. Working with local banks and financial institutions inNigeria,Ghana,Brazil,South Africa, and other countries, XTransfer has launchedLocal 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 Asiahas become a major export destination for the"New Three"products, with significant growth in exports of electric vehicles and batteries toVietnam,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 inLatin AmericaandAfricapresents 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 inEuropeand the US.
About XTransfer
XTransfer, the world-leading andChina'sNo.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 inShanghaiand has branches in Hong Kong SAR, theUnited Kingdom,the Netherlands,the United States,Canada,Australia,Singapore,Vietnam,Thailand,Malaysia,the Philippines, the UAE, andNigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR,Singapore, theUnited Kingdom,the Netherlands,the United States,Canada, andAustralia. 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 inSeptember 2021and 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:https://www.xtransfer.com/
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SOURCE XTransfer