AnchorX, a Hong Kong-based fintech firm, has announced its collaboration with China's Ministry of Commerce and CEDB BRO as part of a delegation organized under the 'Belt and Road' initiative. This partnership is aimed at promoting cross-border trade and commercial activities between Hong Kong and the countries involved in the 'Belt and Road' initiative.

The partnership is a significant step forward for AnchorX, as it marks the firm's entry into the 'Belt and Road' initiative. The initiative is a massive infrastructure development project aimed at connecting China with other countries in Asia, Europe, and Africa. AnchorX's involvement in the initiative is expected to boost the firm's presence in the region and provide new opportunities for cross-border trade and investment.

In addition to its partnership with the Chinese Ministry of Commerce and CEDB BRO, AnchorX has also signed a memorandum of understanding with the Astana International Financial Center Management Bureau in Kazakhstan and Aral Petroleum Capital. This move is expected to further enhance AnchorX's presence in the region and provide new opportunities for the firm to expand its operations.

AnchorX has also plans to issue the AxHKD stablecoin through Conflux. This move is aimed at promoting cross-border trade and commercial activities between Hong Kong and the countries involved in the 'Belt and Road' initiative. The AxHKD stablecoin is expected to provide a new and efficient way for businesses to conduct cross-border transactions, reducing the risks associated with currency fluctuations and other market uncertainties.

The partnership between AnchorX and the Chinese Ministry of Commerce and CEDB BRO is a significant development in the fintech sector, as it marks the first time that a fintech firm has collaborated with a government agency to promote cross-border trade and commercial activities. The partnership is expected to have a positive impact on the region, as it will provide new opportunities for businesses to expand their operations and promote economic growth.