---
title: "Yiwu: Striving for \"Yi Payment\" cross-border payment transaction scale to exceed 10 billion USD by 2026"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/223154062.md"
description: "Yiwu City plans to optimize cross-border payment services through the \"Yi Payment\" platform, aiming for a transaction scale of USD 5 billion by 2025 and to exceed USD 10 billion by 2026"
datetime: "2024-12-24T03:36:52.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/223154062.md)
  - [en](https://longbridge.com/en/news/223154062.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/223154062.md)
generator: "portal-rs"
---

# Yiwu: Striving for "Yi Payment" cross-border payment transaction scale to exceed 10 billion USD by 2026

The Zhejiang Provincial Government held a press conference to promote the "Yiwu City Deepening International Trade Comprehensive Reform." Wang Jian, the Secretary of the Yiwu Municipal Committee, stated at the meeting that they will use the "Yi Payment" platform to optimize cross-border RMB and foreign exchange services, providing compliant, safe, and efficient cross-border payment solutions, and orderly exploring the pilot of digital RMB in the field of cross-border trade to safeguard trade going abroad. They aim for the cross-border payment transaction volume of "Yi Payment" to reach USD 5 billion by 2025 and exceed USD 10 billion by 2026

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**