Core Points - The People's Bank of China (PBOC) Governor Pan Gongsheng met with UAE Vice President Mansour and Central Bank Governor Khaled to discuss strengthening bilateral financial cooperation [1] - The launch of the China-UAE payment cooperation project was witnessed, which includes the interconnection of rapid payment systems and the initiation of the "UnionPay-Jaywan" dual-brand card transactions [1] - The multilateral central bank digital currency bridge (JISR) project aims to facilitate cross-border payments, significantly reduce transaction costs, and enable instant payment settlements [1] Group 1 - The China-UAE payment cooperation project marks a significant step in enhancing economic, financial, and technological collaboration between the two countries [1] - The JISR project is expected to expand further by 2026 as more central banks join the platform [1] - The successful interconnection of the UAE's instant payment system with China's online banking payment system allows users to conduct secure and instant fund transfers around the clock [1] Group 2 - The "UnionPay-Jaywan" dual-brand card will be accepted globally in over 180 countries and regions, enhancing its usability for international transactions [1]
中国-阿联酋支付合作项目启动，阿副总统：为两国合作开辟新前景
Huan Qiu Shi Bao·2025-11-21 22:45