In the first quarter, Chongqing's cross-border RMB settlement for goods trade reached 85.05 billion yuan.

Wen Jiangyong, Deputy Chief of Chongqing Branch of the People's Bank of China and Deputy Director of Chongqing Branch of the State Administration of Foreign Exchange, introduced on the 9th that in the first quarter of 2026, the cross-border RMB trade settlement volume in Chongqing reached 85.05 billion yuan, ranking first in the central and western regions. Wen Jiangyong said that Chongqing will make good use of the pilot program for facilitating cross-border RMB trade and investment, promote more qualified small and medium-sized enterprises to be included in the high-quality enterprise whitelist, simplify the cross-border payment process for enterprises on the whitelist, and significantly improve the efficiency of cross-border RMB settlement. Chongqing will deepen the pilot program for high-level opening of cross-border trade. Since the approval of the pilot program, by the end of March 2026, it has provided facilitated cross-border trade settlement of 68.27 billion US dollars for enterprises in Chongqing.