Translation. Region: Russian Federal
Source: People's Republic of China in Russian – People's Republic of China in Russian –
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Source: People's Republic of China – State Council News
BEIJING, Sept. 7 (Xinhua) — China clearing agency NetsUnion and payment giant China UnionPay reported steady growth in online payments in July and August, which are considered peak tourism and consumption seasons in China, data from the People's Bank of China showed Sunday.
According to the data, the total volume of online payments through the two platforms reached 151.66 trillion yuan (about 21.34 trillion U.S. dollars) in the previous two months, up 16.64 percent year on year.
As the Central Bank specified, during the reporting period, the two platforms processed almost 277 billion transactions, which is 14.59 percent more year-on-year. –0–
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