Workflow
既“架桥” 又“铺路”
Jin Rong Shi Bao·2025-08-08 07:55

Core Insights - Malaysia is a key node in the Belt and Road Initiative, with China being its largest trading partner for 16 consecutive years, highlighting the strong economic ties between the two countries [1] - The collaboration in the digital economy between China and Malaysia is increasingly being realized, particularly through the cross-border payment connectivity facilitated by the Network Clearing Company [1] - The cross-border payment model innovated by the Network Clearing Company enhances the efficiency and quality of cross-border retail payment cooperation between the two nations [1] Group 1 - In 2024, Malaysia's transaction volume in China through the Network Clearing platform reached over 14.75 million transactions, amounting to nearly 2.8 billion yuan, with both figures increasing by over three times year-on-year [2] - Major cities such as Shanghai, Beijing, and Guangzhou have become popular destinations for Malaysian visitors, reflecting the growing trend of cross-border transactions [2] - The Network Clearing Company has significantly improved payment convenience for foreign visitors, serving over 212 million people and facilitating transactions exceeding 30 billion yuan in 2024, marking increases of 2.8 times and 3.4 times respectively [2] Group 2 - Moving forward, the Network Clearing Company aims to leverage market demand to drive business innovation and enhance service quality in cross-border payments [3] - The company plans to expand its acceptance environment and diversify online and offline payment scenarios to provide safer and more efficient services [3] - The goal is to ensure that the benefits of cross-border payment cooperation reach a broader audience globally, contributing to the sustainable development of cross-border payment connectivity [3]