On September 17, the 23rd China-ASEAN Expo officially commenced in Nanning, Guangxi. ABC (Agricultural Bank Of China Limited) made a prominent appearance at the "Financial Services" exhibition zone under the theme "Digital Intelligence Finance, Inclusive Growth for All."
At this year's expo, Agricultural Bank Of China Limited leveraged cutting-edge technologies including holographic imaging experiences, 3D dynamic wave screens, and contactless aerial imaging to showcase its technological achievements. The bank presented its space-air-ground integrated platform, distributed core system, corporate financial services platform, cross-border financial services platform, and industrial financial services platform, comprehensively demonstrating the practical outcomes of its "AI + Finance" integrated innovation and its comprehensive service capabilities.
During the expo, ABC officially launched its digital RMB cross-border trade financing product. This innovative offering leverages the foundational capabilities of digital RMB to provide foreign trade enterprises with a comprehensive cross-border financial solution encompassing digital RMB accounts, settlement, and financing. The bank has already successfully processed Guangxi's first digital RMB import documentary bill business for Guangxi Huike Intelligent Display Co., Ltd.
The expo also featured a full-process control service solution for border trade settlement using digital RMB smart contracts. This solution applies digital RMB smart contract technology to the border residents' mutual trade settlement scenario, enabling full-process traceability and controllability of border trade fund settlements, effectively enhancing the quality and efficiency of border trade settlement. Currently, ABC's Dongxing Sub-branch in Fangchenggang, Guangxi, has already completed its first transaction, providing a replicable and scalable digital finance practice model for Guangxi's high-level development as an ASEAN-oriented financial open portal.
Seizing the opportunity presented by this expo, Agricultural Bank Of China Limited will continue to deepen its "AI + Finance" integrated innovation, explore the ASEAN market with an open approach, and inject sustained financial momentum into the upgrading of China-ASEAN cooperation and the high-quality development of the regional economy.