# XTransfer Returns to the Summer Davos Forum

- Link: https://www.thailand-business-news.com/pr-news/xtransfer-returns-to-the-summer-davos-forum
- Published: 2026-07-02T10:50:00+07:00
- Author: Media OutReach

#### _SMEs Serve as a “Buffer” for Globalisation_

 HONG KONG SAR – [Media OutReach Newswire](https://www.media-outreach.com/) – 2 
July 2026 – **XTransfer**, the World’s Leading B2B Cross-Border Trade Payment Platform,
attended the **World Economic Forum’s 17th Annual Meeting of the New Champions**(
Summer Davos) in Dalian. Marking a new milestone, **XTransfer has officially become
an Institutional Member of the World Economic Forum** and is the only institutional
member from China’s B2B cross-border payments sector. Moving from participant to
co-builder, XTransfer joined political and business leaders to discuss transformation
in international trade and digital finance.

![XTransfer Joins Summer Davos](https://images.media-outreach.com/release.php/Thumb/
1600x1067/782994/782994-SummerDavos-XTransfer-jpg.jpeg)

 At the forum, **Bill Deng, XTransfer Founder and CEO,** delivered a keynote in 
the session **“China Platforms Go Global”**. He described how Chinese e-commerce
platforms have evolved from domestic “digital disruptors” to global “rule reshapers”
and outlined key obstacles in cross-border payments, including compliance demands,
geopolitics, and varying regulatory regimes. **Deng noted that while deglobalization
and geopolitical risks can weigh heavily on large enterprises, SMEs tend to be more
resilient due to light-asset models and their ability to enter or exit markets quickly.
In a fragmented global economy, SMEs can adapt faster, form new connections, and
act as a “buffer” that supports stability and deeper global integration.**

 **Deng **was also invited to attend a closed-door meeting between Chinese Premier
Li Qiang and business representatives, as well as multiple closed-door strategic
discussions in the financial sector, where views were exchanged on payment risk 
management, international cooperation, and trends in Chinese companies expanding
overseas.

 **Deng shared**, “China’s expansion is moving from **‘trade going global’** toward**‘
ecosystem going global’** spanning manufacturing, brands, culture, and financial
services, with SMEs playing a central role.” **He added** that emerging markets 
are becoming new growth hotspots and urged businesses to leverage supply-chain strengths
and move early into markets with strong demand and relatively limited competition.

 **Deng also shared** that XTransfer has grown rapidly in recent years, with over
890,000 registered customers, partnerships with more than 170 financial institutions
and provides services across 200+ countries and regions. In 2025, the platform processed
over US$60 billion TPV, becoming the world’s largest B2B cross-border trade payment
platform.

 **He emphasised** that risk control and compliance are the toughest challenges 
for cross-border payments. XTransfer’s self-developed LLM, TradePilot, has helped
keep the fraud rate at 0.003%, among the industry’s lowest, enabling SMEs to transact
safely, efficiently, and compliantly in global expansion.

Hashtag: #XTransfer #summerdavos #WEF #CrossborderPayment

[https://www.xtransfer.com](https://www.xtransfer.com)
[https://www.linkedin.com/company/xtransfer.cn](https://www.linkedin.com/company/xtransfer.cn)

The issuer is solely responsible for the content of this announcement.

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**Source** : [XTransfer Returns to the Summer Davos Forum](https://www.media-outreach.com/news/hong-kong-sar/2026/07/02/474070/?rand=186006)

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