Islamabad: ”The Pakistani government is focusing on e-commerce development. In the field of e-commerce, China is the world leader. “Its e-commerce transaction was $2 trillion last year, which is more than the sum of e-commerce transactions in the United States and Europe,” Pakistan Ambassador to China Moin ul Haque remarked. he stated at the 4th Belt and Road Service Trade Cooperation Forum in Beijing, during a discussion on the Digital Belt and Road.
According to China Economic Net, the COVID-19 is speeding the digital economy growth of Belt and Road countries, and there are more and more international trades, which create a large demand for digital payment services.
Wu Kai also emphasised the relevance of the banking system in the digital economy’s development. Some Belt and Road countries lack suitable banking infrastructure at the moment. Our service is based on the fact that both payers and receivers have bank accounts.