一、事件：《人民币跨境支付系统业务规则》施行 中国人民银行修订后的《人民币跨境支付系统业务规则》将自2026年2月1日起施行。 人民币跨境支付系统（CIPS）是经人民银行批准专司人民币跨境支付清算业务的批发类支付系统，是我国重要的金融市场基础设 施。 据华创证券，新版文件主要有以下几点变化： 1）对系统参与者的准入条件放宽，并且更趋灵活； 2）明确境外直接参与者选择境内直接参与者成为资金托管行； 3）细化对业务处理和风控管理规则； 数据显示，截至2025年三季度末，中国跨境电商（对应中国商户跨境交易核心口径）进出口规模约为2.06万亿元，同比增长6.4%。 其中，出口约1.63万亿元，同比增长6.6%。 随着人民币国际地位显著提升，CIPS业务也同步扩大。央行数据显示，2025年上半年，中国跨境银行间支付清算系统（CIPS）的处 理金额飙升至90.91万亿元人民币，这一数字已逼近2024年全年总量。 西部证券表示，此次央行对CIPS系统业务规则的修改和完善，将吸引更多全球银行与支付机构加入CIPS网络，加速人民币跨境支付 基础设施的全球化覆盖，以规则现代化推动CIPS从"规模扩张"向"质效协同"的转变。 此外 ...

作为全球跨境商贸的重要支付枢纽，Payoneer 派安盈服务全球数百万家客户，支持超过 70 种货币的跨境收付，其业务覆盖全球 40 + 主流电商平台，是中国 卖家链接全球商机的核心伙伴。随着跨境电商交易规模的持续扩张，支付平台的网络稳定性、数据传输效率及多区域协同能力成为影响服务质量的关键要 素。此次合作中，工讯之光将针对性输出三大核心技术支撑： 其一，基于自主研发的 NOVA-SDWAN 广域网加速架构，为 Payoneer 派安盈全球办公节点搭建低时延传输通道。通过覆盖 15 国的智能骨干网络与动态路径 选择技术，将跨境数据访问时延降低，显著提升多区域团队的协同效率与支付交易处理速度。其二，提供全链路安全防护解决方案，融合加密算法与动态身 份验证技术，筑牢支付数据传输与存储的安全屏障，进一步强化 Payoneer 派安盈的合规风控能力。其三，通过弹性带宽分配与智能运维系统，建立 "30分钟 响应" 的网络故障处理机制，保障支付服务的连续性与稳定性。 "在跨境商贸环境不确定性加大的背景下，技术基建与金融服务的深度融合是赋能企业出海的关键。"Payoneer 派安盈负责人表示，"工讯之光的全球网络服 务能力 ...

Cross-Border Payment - The Chinese government emphasizes the need to deepen foreign exchange facilitation reforms to enhance high-quality development, including optimizing trade foreign exchange management and supporting cross-border e-commerce [1] - Analysts believe that the high-level opening of cross-border trade will create a more efficient, diverse, and compliant environment for the cross-border payment industry, transitioning from a "funds channel" to a "digital trade hub" [1] - Predictions indicate that by 2025, China's cross-border payment scale will reach 9.4 trillion yuan (5.3% of the global market), and by 2030, it will exceed 20 trillion yuan, becoming a core growth area in emerging markets [1] Autonomous Driving - NVIDIA's CEO Jensen Huang states that in the future, there could be a billion autonomous vehicles on the roads, with plans to support autonomous taxi fleets by 2027 [2] - The DRIVE AGX Hyperion 10 platform, which enables L4 autonomous driving capabilities, is equipped with various sensors and cameras, enhancing the perception and computing power for autonomous taxis [2] - Citigroup analysts forecast that the global autonomous taxi market will grow from $4.43 billion in 2025 to $188.91 billion by 2034, with China's market expected to increase from $3.9 million in 2025 to $67.59 billion by 2035 [2] Express Logistics - The Ministry of Commerce plans to support the construction of green, intelligent, and specialized sorting centers, encouraging local governments to provide policy support [3] - The market for sorting center construction is experiencing a golden development period driven by demand from e-commerce, recycling, and manufacturing sectors, with daily express volume expected to exceed 540 million by 2025 [3] - The global market for sorting centers is projected to surpass $20 billion by 2030, with China contributing over 35% of the market share [3] Solid-State Batteries - Finnish startup Donut Lab has launched the world's first commercially viable solid-state battery, which will be showcased at CES 2026 [4] - This battery offers significant advantages in energy density, charging speed, cycle life, and extreme environmental adaptability, potentially transforming the electric vehicle industry [4] - By 2030, global solid-state battery shipments are expected to reach 614.1 GWh, with a market size exceeding 250 billion yuan, and China projected to hold a 40% market share [4] Environmental Technology - A research team from the Dalian Institute of Chemical Physics has made breakthroughs in hydrogen sulfide treatment technology, providing new solutions for the chemical industry's green transition [5] - The technology achieves nearly 100% conversion of hydrogen sulfide, producing high-quality sulfur and pure hydrogen, thus promoting clean processing and resource utilization [5] Rare Earths - The Ministry of Commerce has announced strengthened export controls on dual-use items to Japan, prohibiting exports to military users and those enhancing Japan's military capabilities [6] - Current rare earth prices are stable, with strict supply controls expected to drive price increases as demand recovers [6]

Core Viewpoint - Airwallex has announced a significant partnership with China Construction Bank to launch a new personal cross-border remittance product called "Full Amount Arrival," which aims to reduce costs and improve convenience in cross-border transactions [1][6]. Group 1: Financing and Valuation - Airwallex recently completed a Series G financing round, raising $330 million, with a valuation of $8 billion, reflecting a nearly 30% increase from the previous round [4][5]. - The company is projected to surpass $1 billion in annual revenue by October 2025, representing a 90% year-on-year growth [1][5]. Group 2: Product Launch and Features - The "Full Amount Arrival" service addresses long-standing pain points in traditional cross-border remittance, such as complex processes and high fees, by providing a more efficient and transparent experience [7][8]. - The service integrates the strengths of both Airwallex and China Construction Bank, optimizing transaction paths and enhancing processing efficiency [7][8]. Group 3: Strategic Partnerships and Ecosystem - Airwallex has established partnerships with major global banks, including JPMorgan, Standard Chartered, and Deutsche Bank, to create a robust global payment network [11]. - The collaboration with China Construction Bank marks a significant milestone in the development of China's financial ecosystem, showcasing Airwallex's capabilities in fintech and cross-border finance [11][12]. Group 4: Future Plans and Market Expansion - Airwallex plans to set up a second global headquarters in San Francisco, aiming to double its team size in the U.S. to over 400 people within a year [5]. - The company intends to invest over $1 billion in the U.S. market from 2026 to 2029 to support its strategic expansion [5].

Core Viewpoint - The Chinese yuan has experienced a significant appreciation against the US dollar, with the offshore yuan breaking the 7.0 mark for the first time in 15 months, driven by a weakening dollar and improved trade dynamics between China and the US [2][3][4]. Exchange Rate Dynamics - As of December 31, 2025, the US dollar index fell by 9.04%, while the onshore and offshore yuan appreciated by approximately 4.43% and 5.18%, respectively [2][4][26]. - The yuan's exchange rate fluctuated around the 7.0 mark, with the offshore yuan reaching a high of 6.9988 on December 26, 2025, marking the highest level since September 2024 [2][9][42]. - The People's Bank of China (PBOC) adjusted the yuan's central parity rate to 7.023, an increase of 58 basis points from the previous trading day [2][35]. Trade Surplus and Currency Demand - China's trade surplus reached a record $1.08 trillion in the first 11 months of 2025, a year-on-year increase of 21.7%, providing a solid foundation for the yuan's strength [5][18][49]. - There has been a notable increase in currency settlement demand from export enterprises, particularly as the yuan approached the 7.0 level, leading to a surge in consultations regarding exchange rates [3][49]. Central Bank's Role - The PBOC has actively managed the yuan's exchange rate to prevent excessive appreciation that could harm export profits, utilizing tools such as the counter-cyclical factor and offshore central bank bills [4][47]. - The central bank's intervention strategy has shifted from preventing depreciation to controlling appreciation, indicating a more nuanced approach to managing market expectations [47][50]. Market Sentiment and Future Outlook - Analysts predict a "moderate bullish, two-way fluctuation" for the yuan in 2026, with expectations that the exchange rate will gradually rise to a range of 6.80-7.00 [40][27]. - The narrowing of the interest rate differential between China and the US, alongside potential concentrated currency settlements by enterprises, is expected to support the yuan's appreciation [27][40].

Core Viewpoint - The anxiety of "if not going abroad, then facing elimination" is prevalent among domestic companies, making international expansion a realistic choice for growth in 2024 and beyond [1] Group 1: Changes in International Expansion Strategies - Chinese companies are shifting from traditional manufacturing and export models to high-value-added strategies that incorporate branding and innovation [1][2] - The approach to cultural output is evolving, focusing on the integration of Chinese and foreign cultures with local adaptations [1] - Companies are increasingly relying on local talent with strong operational and digital capabilities instead of overseas agents to enhance brand competitiveness [1] Group 2: Digitalization as a Foundation - Digital infrastructure is becoming the first step for companies going abroad, with a focus on establishing global systems and data centers to support operations across multiple countries [2][3] - The digitalization process is viewed as a core component of the business model, enabling direct connections with overseas customers [4] Group 3: Trends in Global Trade - The structure of global trade has shifted from being dominated by large companies to including more small and medium-sized enterprises, facilitated by advancements in network technology and mobile internet [5] - The geopolitical landscape has accelerated the restructuring of global trade chains, leading to a more interconnected trade network [5] Group 4: Cross-Border Payment Landscape - The changing dynamics of global trade present challenges for cross-border payment companies, as customer demographics and needs evolve [6] - The company plans to expand its payment licenses in several developing countries by 2025, reflecting a strategy to diversify market coverage based on demand [6] Group 5: Future Outlook - The next decade is expected to see a significant increase in the contribution of overseas clients to the company's business, potentially surpassing that of domestic clients [8] - Despite uncertainties in the global market, the growth of the best companies is increasingly tied to deepening globalization [10]

此外，XTransfer始终把用户体验放在第一位，专门开发了B2B外贸金融第一App，全面登陆华为、小米、荣耀、OPPO、vivo等应用市场，方便外贸从业者在 移动办公场景使用，还开发了GPI在途收款查询功能，可以实时查看资金动态。 东莞的唯信包装公司创始人Chatwin对XTransfer的使用体验赞不绝口："以前货款要一周才能到账，客户发水单过来说已经付款，我还要担心是不是P的，收 到款才敢出货。用XTransfer的GPI在途查询功能，货款到哪儿了清清楚楚，这样我们就能放心第一时间发货给客户，抓住每一笔订单。" 钛媒体2025 EDGE AWARDS全球创新评选榜单重磅发布。XTransfer成功入选年度全球化企业榜，荣膺出海全球化服务标杆，也是国内唯一获得该奖项的 B2B跨境支付平台。 EDGE AWARDS以"潜在价值"为核心，着眼于世界前沿，多年来，记录了许多扬帆出海破局全球市场的领航者。"出海全球化服务标杆"表彰那些以可靠的海 外服务质量、稳定的全球服务网络，加速中国企业海外展业落地的先锋企业。 本次XTransfer获评"出海全球化服务标杆"，体现了其在帮企业降低全球展业门槛、提升全球竞争力等 ...

1、东部战区组织实弹射击 今日8时至18时，中国人民解放军东部战区将在图中海域和空域，进行重要军事演习，并组织实弹 射击。中国人民解放军打"独"促统决不手软，将持续组织反分裂反干涉行动，坚决维护国家主权、统 一、领土完整。 2、东部战区部队对台岛南部相关海域实施远程火力实弹射击 东部战区新闻发言人李熹海军大校表示，12月30日13时00分，中国人民解放军东部战区陆军部队， 协同海军、空军、火箭军等兵力，对台岛南部相关海域，实施远程联合火力突击，并组织实弹射击，取 得了预期效果。 3、财政部：关于个人销售住房增值税政策的公告 5、今日特朗普要闻 1、俄乌冲突：特朗普说，他当天早晨与俄罗斯总统普京通电话时，被对方告知乌克兰无人机袭击 了普京一处官邸，"我对此很生气"。俄方表示，普京告知特朗普，俄罗斯打算继续与美国合作以实现和 平，但俄方立场将进行调整。泽连斯基表示，美国总统已确认将向乌克兰提供强有力的安全保障。2、 伊朗：特朗普威胁称，如果伊朗继续发展弹道导弹，他支持对伊朗发动打击；如果伊朗发展核武器，他 支持对伊朗发动快速打击。3、以色列：当地时间12月29日下午，特朗普在与以色列总理内塔尼亚胡会 晤后对记者表 ...

以下文章来源于格隆汇交易学苑 ，作者格隆汇小编 格隆汇交易学苑 . 以基本面为基础，专注于趋势交易 随着全球贸易一体化加速和数字经济蓬勃发展，跨境支付已从外贸行业的"配套服务"升级为驱动全球经济循环的关键引擎。 过去十年，全球跨境支付交易规模累计增长超41%，即便经历贸易摩擦和监管调整，整体仍保持稳健上升态势。 在资本市场，数字货币已经突破了下降通道，之后连续五天资金已悄悄单边流入该板块，技术分析，趋势已经发生转折！ 而12月29日央行出台的《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，更让需求端迎来政策级催化，将激 活更多跨境贸易、投资场景的支付需求，市场空间进一步打开。 如今，传统支付模式的痛点逐渐被技术创新破解，第三方支付平台崛起重塑行业格局，更有央行数字货币政策重磅加持，让跨境支付赛道迎来 前所未有的黄金发展期，成为兼具成长性与确定性的优质赛道。 作为A股市场投资者又该如何把控这一机遇？ 01 场景全面爆发，跨境支付需求持续扩容 跨境支付早已不再局限于企业外贸结算，而是渗透到全球经济的方方面面，形成多元化需求矩阵。 2015年到2024年，全球跨境支付的交易规 模整体成上升 ...

随着全球贸易一体化加速和数字经济蓬勃发展，跨境支付已从外贸行业的"配套服务"升级为驱动全球经济循环的关键引擎。 过去十年，全球跨境支付交易规模累计增长超41%，即便经历贸易摩擦和监管调整，整体仍保持稳健上升态势。 在资本市场，数字货币已经突破了下降通道，之后连续五天资金已悄悄单边流入该板块，技术分析，趋势已经发生转折！ 而12月29日央行出台的《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，更让需求端迎来政策级催化，将激活更多跨境 贸易、投资场景的支付需求，市场空间进一步打开。 如今，传统支付模式的痛点逐渐被技术创新破解，第三方支付平台崛起重塑行业格局，更有央行数字货币政策重磅加持，让跨境支付赛道迎来前所未有的 黄金发展期，成为兼具成长性与确定性的优质赛道。 作为A股市场投资者又该如何把控这一机遇？ 场景全面爆发，跨境支付需求持续扩容 跨境支付早已不再局限于企业外贸结算，而是渗透到全球经济的方方面面，形成多元化需求矩阵。2015年到2024年，全球跨境支付的交易规模整体成上升 趋势，累计增长41.05%。 从交易类型来看，B2B场景作为核心支柱，覆盖国际供应链、跨境投资等大额高频业务 ...