People`s Bank Of China News

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China talks up digital CNY in push for multi-polar currency system

News | Online & Mobile Banking | 18 Jun 2025

China has pledged to expand the international use of the digital CNY in a push for the development of a multi-polar global currency system.

digital currency, financial services, financial institutions, banking

China lowers key interest rates to spur economic growth

News | Online & Mobile Banking | 25 Jul 2024

China has reduced its short and long-term interest rates to stimulate economic growth just days after a major Communist Party leadership meeting.

banks, financial institutions, interest rate, financial services

Bank of China tests SIM card NFC payments for e-CNY

News | Cryptocurrencies | 13 Jul 2023

The Bank of China has partnered with China Telecom and China Unicom to test SIM card NFC payments for the e-CNY in certain regions.

CBDC, NFC, digital payments, mobile payments