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, Nov. 29 (Xinhua) — The People's Bank of China (PBOC) has opened a "green channel" for yuan donations from the country's interior to ensure that the funds are immediately deposited into recipient accounts in the Hong Kong Special Administrative Region (HKSAR) following a fire at an apartment complex that killed multiple people.
Under this "corridor," commercial banks will not need to verify relevant documents and information. They will be able to directly transfer donations to the Hongfuyuan Support Fund account in Dapu District based on payment instructions received from institutions or individuals in mainland China. The relevant data will be provided through the RMB cross-border payment management information system.
According to the PBC, the new measure is aimed at supporting search and rescue efforts, providing assistance to victims, and eliminating the consequences of the fire in Hong Kong.
Firefighting and search and rescue operations concluded Friday morning after a deadly fire broke out at Hong Kong's Hongfuyuan residential complex on Wednesday afternoon, killing 128 people. -0-
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