中国—阿联酋快速支付系统互联正式启动

Core Viewpoint - The People's Bank of China (PBOC) is enhancing bilateral financial cooperation with the United Arab Emirates (UAE) through the launch of several initiatives aimed at improving cross-border payment systems and facilitating trade and investment between the two countries [1] Group 1: Bilateral Financial Cooperation - PBOC Governor Pan Gongsheng met with UAE Vice President Mansour and Central Bank Governor Khaled to discuss strengthening bilateral financial cooperation [1] - A memorandum of understanding was signed to establish a regulatory framework for cross-border payment interoperability between China and the UAE [1] Group 2: Payment System Initiatives - The launch of the China-UAE payment cooperation project includes the interconnection of rapid payment systems and the first transaction of the "UnionPay-Jaywan" dual-brand card [1] - The UAE's multilateral digital currency bridge (JISR) project was officially initiated [1] Group 3: Cross-Border Payment Efficiency - There is a growing demand for the use of the Renminbi in cross-border trade and investment, leading to higher requirements for financial infrastructure [1] - The PBOC has established a comprehensive Renminbi cross-border payment clearing network, including the Cross-Border Interbank Payment System (CIPS) and various commercial payment networks [1] - Progress is being made in digital Renminbi cross-border transactions and the interconnection of domestic and international rapid payment systems, enhancing cross-border payment efficiency [1]