Chongqing - Chongqing Qianxin Foreign Trade and Economic Cooperation Group (CFTEC) and AEOTrade co-hosted a digital cross-border trade roadshow on May 22 during the 8th Western China International Fair for Investment and Trade (WCIFIT), as Chongqing seeks to expand digital trade links with Singapore and global markets.
The event is themed on "'AEOTradeChain + TradeTrust' Support DEPA and NCD Practices- China-Singapore Digital Cross-Border Trade Roadshow." It was organized by the Chongqing Municipal Commission of Commerce and co-hosted by AEOTrade (Beijing) Technology Co., Ltd. and CFTEC.
Supporting organizations included Singapore's Infocomm Media Development Authority, or IMDA, the Chongqing Liangjiang New Area government, COSCO Shipping Logistics Supply Chain, and Shanghai Pudong Development Bank's Shanan branch.
Sun Xiyong, deputy director of the Chongqing Municipal Commission of Commerce, delivered remarks. CHNG Ken-Wei, deputy director of Trade at Singapore's IMDA, also addressed the event.
Sun Xiyong, deputy director of the Chongqing Municipal Commission of Commerce, delivers remarks at the roadshow on May 22, 2026. (Photo/Chongqing Qianxin Foreign Trade and Economic Cooperation Group)
CHNG Ken-Wei, deputy director of Trade, Singapore's Infocomm Media Development Authority, delivers remarks online at the roadshow on May 22, 2026. (Photo/CFTEC)
Yang Zetao, founder of AEOTrade, presented on how "AEOTradeChain + TradeTrust" could reshape the global digital trade ecosystem. Lyu Xiaoxiao, General Manager of Singapore Chongqing Fortune Resource Pte Ltd, the overseas subsidiary of CFTEC, presented on how "AEOTradeChain + TradeTrust + NCD" can support trade digitalization and the implementation of the NCD Convention.
Lyu Xiaoxiao, General Manager of Singapore Chongqing Fortune Resource Pte Ltd, the overseas subsidiary of CFTEC, gives a presentation at the roadshow on May 22, 2026. (Photo/CFTEC)
Yang Zetao, founder of AEOTrade, gives a presentation at the roadshow during the 8th WCIFIT in Chongqing on May 22, 2026. (Photo/CFTEC)
The project is based on the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity, a bilateral cooperation program linking western China with Singapore in logistics, finance, aviation, and information communications. It also draws on the United Nations Convention on Negotiable Cargo Documents, known as the NCD Convention, and DEPA, the Digital Economy Partnership Agreement, a framework covering digital trade and economic cooperation.
At the technical level, the pilot connects AEOTrade's AEOTradeChain platform with TradeTrust, a framework initiated by Singapore's IMDA for digital trade documents. CFTEC's Singapore company serves as the trade ecosystem participant, COSCO Shipping Logistics Supply Chain acts as the logistics partner, Chongqing Liangjiang New Area coordinates supporting resources, and Shanghai Pudong Development Bank provides financial support.
The pilot project focuses on trade digitalization and the implementation of the NCD Convention, showcasing progress in rule alignment, technical interoperability and ecosystem development. Once mature, it is expected to provide early experience for issuing NCD documents in complex road transport scenarios and support broader use of digital trade processes and NCD documents.
CFTEC is one of the project's core operators. The company is a key Chongqing municipal state-owned enterprise with more than 40 years of experience in international trade. It holds multiple business qualifications, including advanced customs AEO certification. Its business covers more than 80 countries and regions.
The booth of Chongqing Qianxin Foreign Trade and Economic Cooperation Group at the 8th WCIFIT. (Photo/CFTEC)
During WCIFIT, held in Chongqing from May 21 to 24, CFTEC appeared at Booth A04 in Hall N1. The company displayed its "1+3+N" overseas service system, "2+2+N" strategic product system, and the full-cycle service capabilities of its Yumaotong digital trade platform.
During the fair, CFTEC signed cooperation agreements with nine companies, including Zybio and Beijing Huayu Time Culture Media. It also took part in events on the New International Land-Sea Trade Corridor, multinational operations, and Chongqing-ASEAN investment and trade cooperation.
The company said it will continue to support companies and products from western China in expanding overseas while building a service ecosystem that integrates domestic and foreign trade.