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Yan'an Digital Trade Cross‑Border Service Center: China and Mongolia Sign Cooperation Agreement on Cross‑Border Trade Digital Operations

2026-05-22

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On May 21, 2026, the 10th Silk Road International Expo was held in Xi'an. A Mongolian delegation attended the Expo, consisting of Governor T. Bat-Erdener of Gobi-Altai Province, State Secretary T. Jambaltseren of the Ministry of Agriculture, Senior Advisor B. Ganbat to the Prime Minister, Executive Director T. Magnaibaatar of the Chamber of Commerce and Industry, and Commercial Attaché G. Bumtsend. At the event, the Governor of Gobi-Altai Province announced that the Animal Husbandry Science and Technology Ecological Industrial Park of Gobi-Altai Province will leverage the GEDIS mechanism to cooperate with mature Chinese and international enterprises in areas such as wool and cashmere processing, deep processing of meat products, and cold‑chain logistics. Subsequently, witnessed jointly by the Mongolian delegation and the Shaanxi Sub‑Council of the China Council for the Promotion of International Trade, the Yan'an Trusted Service Space Operations Center and the Mongolian Park Operations Service Center—Gedis Mongolia Nexus LLC—signed the Cooperation Agreement on the Operation of a Cross‑Border Digital Trade Platform under GEDIS Rules. The Gobi‑Sumber Park in Mongolia became the first implementation site.

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As a key supporting party to this cooperation, the Yan'an Digital Trade Cross‑Border Service Center has long been committed to providing credible and efficient digital infrastructure for cross‑border enterprises. We are deeply aware that traditional cross‑border cooperation has long faced challenges such as information asymmetry, difficulties in contract performance supervision, and low settlement efficiency. To this end, the Center has actively promoted the implementation and application of GEDIS (Global Electronic Data Interchange System).

Significance of Platform Development: Rebuilding the Trust Foundation for Cross‑Border Collaboration
The core significance of this platform is to upgrade cross‑border cooperation from the old model of "person‑to‑person oversight and contract chasing" to a new paradigm of "code‑based management and data‑driven operations." GEDIS provides three core functions:

Mutual Identity Recognition – A DID (Decentralized Identifier) system enables two‑way verifiable digital identities for enterprises.

Information Interoperability – Production and trade data are shared in real time via on‑chain recording.

Asset Mutual Recognition – Pastures, cashmere, and factory equipment are converted into certifiable digital credentials.

Cooperation rules are embedded in smart contracts and executed in parallel with legal contracts—payment is triggered automatically when transaction conditions are met, and violations are handled according to preset rules. This provides enterprises with ex ante safeguards rather than ex post disputes.图片

Platform Objectives: Transforming Three Major Pain Points into Three Major Revolutions
Through this platform, we aim to achieve the following goals:

1. Establish a new "code‑based credit" mechanism. Under the traditional model, enterprises rely on paper contracts and cross‑border litigation, which entails high costs and lengthy procedures. The platform aims to shift trust from "people" to "code," enabling reliable transactions, full traceability, and automated execution, thereby fundamentally alleviating information asymmetry and contract enforcement difficulties.

2. Open a new channel for efficient settlement. Within a compliant cross‑border clearing framework, we explore the application of digital RMB to achieve faster receipt of funds, reduce the impact of exchange rate fluctuations, and ensure smoother capital flows and more secure profit repatriation for enterprises.

3. Unlock new value in asset circulation. Under compliance requirements, entity asset revenue rights are converted into G‑TRAC anchored warrants, and supply‑chain finance applications based on on‑chain data are explored. The goal is to broaden financing channels for small and medium‑sized enterprises, turning "sleeping assets" into "liquid capital."

Long‑Term Vision: Creating Replicable New Rules for Digital Trade
The Gobi‑Sumber Park in Mongolia, as the first digitally certified cooperation park, assigns a unique digital identifier (CID) to each factory, and operational data are recorded on‑chain in real time, serving as the basis for measuring each party's contribution. The Park has simultaneously released its first batch of selection announcements for "Digital Rights Certification Cooperation," targeting enterprises in wool and cashmere processing, deep processing of meat products, cold‑chain logistics, supporting infrastructure, and digital‑intelligent technologies.

We will continue to provide robust service support. The Center will take this park as a benchmark and, subject to compliance with relevant laws, regulations, and supervisory frameworks, promote the implementation of GEDIS rules in more Belt and Road countries. From traditional investment promotion to rights‑certified cooperation, from contract‑based trust to code‑assisted execution—China and Mongolia are jointly exploring a fairer, more transparent, and more efficient set of collaborative rules for global digital trade. The Yan'an Digital Trade Cross‑Border Service Center stands ready to join hands with all parties to write a new chapter in the high‑quality development of digital trade.

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