According to the Bank of Communications, on August 28, the Bank of Communications and the Internet Clearing Company signed a memorandum of cooperation in Shanghai to officially launch cross-border RMB business cooperation. The two sides conducted in-depth discussions on topics such as deepening cross-border RMB business cooperation, optimizing payment service processes and customer experience, and expanding financial market business, and reached broad consensus on long-term cooperation areas such as joint product innovation, industry research, and artificial intelligence technology application research.

According to the Bank of Communications, on August 28, the Bank of Communications and the Internet Clearing Company signed a memorandum of cooperation in Shanghai to officially launch cross-border RMB business cooperation. The two sides conducted in-depth discussions on topics such as deepening cross-border RMB business cooperation, optimizing payment service processes and customer experience, and expanding financial market business, and reached broad consensus on long-term cooperation areas such as joint product innovation, industry research, and artificial intelligence technology application research.