TechFlow news — On November 2, the promotional conference for the International Business Service Zone of the National Comprehensive Demonstration Zone for Expanding Opening-up of Services and China (Beijing) Pilot Free Trade Zone was held in Beijing. Huo Xuewen, Secretary of the Party Leadership Group and Director of the Beijing Municipal Financial Regulatory Bureau, stated that Shunyi District, leveraging its location advantages at the airport area and solid industrial foundation, has developed an open financial industry cluster characterized by cross-border finance, offshore finance, and sector-specific finance. Moving forward, Beijing will actively promote the implementation of fintech application scenarios such as digital currency cross-border payments within the airport zone. (Shell Finance & Economics)
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