Since Guangxi launched the pilot of cross-border financial blockchain service platform, a total of 44.238 million yuan of loans have been issued

The reporter recently learned from the Nanning Central Sub-branch of the People ’s Bank of China that since the pilot of the cross-border financial blockchain service platform was launched in Guangxi on October 28 this year, the platform has handled 22 export trade financing services in the first month of the pilot, with loans of USD 6.275 million, equivalent to RMB. 44.328 million yuan, which has a significant effect in solving the problems of SMEs' cross-border financing difficulties and expensive financing.