Ren Deqi, Chairman of Bank of Communications, announced the bank's active role in developing the Shanghai Shipping and Trade Digital Platform. The initiative aims to enhance cross-industry integration by offering e-commerce companies comprehensive financial services, including cross-border settlement and foreign exchange risk management. Utilizing blockchain and AI technologies, the bank seeks to enable instant cross-border remittances, addressing financing challenges and costs for small and micro enterprises. Additionally, the bank is fostering an efficient ecosystem support system to enhance collaboration.