New Deputy Governor of Guangdong Province, Zhang Xin: More than 160 corporate banks have voluntarily joined the cross-border blockchain platform, accounting for about 1/3 of all foreign exchange banks

According to Nanfang Daily, in the morning of January 9, the 17th meeting of the Standing Committee of the 13th People's Congress of Guangdong Province was approved by a vote and Zhang Xin was appointed as the Deputy Governor of the People's Government of Guangdong Province. Recently, blockchain has once again become a hotly debated topic. In November last year, Zhang Xin was interviewed by the media and introduced the cross-border financial blockchain service platform launched by the State Administration of Foreign Exchange. Zhang Xin said that since its operation, the cross-border blockchain platform has achieved remarkable results and has been welcomed by banks and enterprises. At present, there are more than 160 corporate banks voluntarily joining the cross-border blockchain platform, accounting for about one-third of all foreign exchange banks. As of November 20, the platform has completed accumulative accounts receivable financing lending amounting to US $ 8.214 billion (of which RMB 6.275 billion), and a total of 1,590 service companies, of which approximately 70% are small and medium-sized foreign trade companies.