Southeast Asia Information Port (www.dnyxxg.com) – The Guangxi Zhuang Autonomous Region Branch of the People's Bank of China held a press conference on the 29th, introducing that in the first quarter of 2026, Guangxi's cross-border receipts and payments reached US$20.491 billion, a year-on-year increase of 28.18%; the total settlement and sales volume of banks reached US$10.406 billion, a year-on-year increase of 11.22%, both reaching new highs for the same period in the past five years.
In the first quarter of 2026, Guangxi's goods trade receipts and payments reached US$17.666 billion, a year-on-year increase of 33.61%. Trade receipts and payments between Guangxi and ASEAN countries, countries participating in the Belt and Road Initiative, and other members of the Regional Comprehensive Economic Partnership (RCEP) increased by 24.35%, 18.23%, and 26.2% year-on-year, respectively.
During the same period, Guangxi's service trade sectors developed rapidly, with service trade receipts and payments reaching US$633 million, a year-on-year increase of 18.93%. Guangxi's outbound investment remained robust, with outbound direct investment (ODI) cross-border capital outflows reaching US$88 million, a year-on-year increase of 27.98%.
In recent years, Guangxi has deepened the application of digital platforms, enhancing the efficiency and effectiveness of foreign exchange management services through technological empowerment. Currently, the "Hui Xiao Er" cross-border financial service intelligent agent has expanded from the local area to the ASEAN market, with Vietnam as its core, and has achieved integration with the China (Guangxi) International Trade Single Window.
Furthermore, Guangxi has launched the "Trade Finance Link" cross-border payment and receipt function on the Single Window, innovatively creating a cross-border financial service model integrating foreign exchange policy consultation, enterprise directory registration, and cross-border settlement processing. From the launch of "Trade Finance Link" this year to the end of March, the first batch of four pilot banks have processed a total of RMB 43.1148 million in cross-border trade settlements. (End)
