Last Updated on: 21st July 2025, 05:37 pm
Delegates from Beijing and Hong Kong explore partnership opportunities with Dunbai International and FusionPay in London.
On 15 July, a senior delegation from the Beijing Municipal Finance Bureau, joined by leading Hong Kong investors, paid a visit to Dunbai International’s flagship retail location in Mayfair, London.
This high-profile visit represented a major step forward in building cross-border alliances between China and the UK, with a shared emphasis on pioneering retail innovation, financial technology (fintech), artificial intelligence (AI), and other frontier sectors. The engagement underscored a mutual commitment to expanding digital economy partnerships.
The group toured Dunbai International’s experiential retail venue, which exemplifies the integration of technology and lifestyle to deliver forward-thinking customer experiences. After the walkthrough, both sides held comprehensive discussions with Dunbai International and FusionPay representatives regarding strategic growth and business development plans.
Dialogue focused on deploying cutting-edge fintech tools to streamline cross-border payments and enhance efficiency, along with opportunities for applying AI solutions across retail ecosystems.
The meeting created a robust framework for future collaboration, centred on innovation and sustainable expansion in retail and finance. FusionPay, a top-tier fintech enabler offering Alipay and WeChat Pay integrations for UK retailers, outlined its mission to support secure, frictionless payments for Chinese customers in Britain. These aspirations mirror the goals of the Beijing Finance Bureau to spearhead innovation-driven partnerships globally.
A pivotal moment during the visit was the joint confirmation of intent to sign a Memorandum of Understanding (MOU) for launching a strategic joint venture between Dunbai International, FusionPay, and Hong Kong-based investors.
Planned to be headquartered at the Zhongguancun New Quality Productive Forces Innovation and Incubation Center in Beijing’s Haidian District, the venture will act as a springboard for next-generation fintech and retail projects—bolstering digital transformation and trade between the UK and China.
This emerging alliance echoes a broader commitment by both nations to deepen collaboration in technology, finance, and innovation for mutual prosperity.
