Translation. Region: Russian Federation –
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, October 13 (Xinhua) — The People's Bank of China (PBOC, the central bank) and the Financial Administration of the Macao Special Administrative Region (SAR) signed a memorandum of understanding on Monday on the interconnection of cross-border payments between the Chinese mainland and Macao, the PBOC announced.
The two sides intend to deepen exchanges and cooperation in the field of cross-border payment connectivity, improve the efficiency and quality of service in cross-border payments, so as to more effectively promote trade and economic activity and people-to-people exchanges between the Chinese mainland and Macao.
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