Deputy Governor of the People's Bank of China: A blockchain platform will be built to promote cross-border payment cooperation between Hong Kong and mainland China.

According to Foresight News , Lu Lei, Vice Governor of the People's Bank of China (PBOC), stated that the PBOC attaches great importance to cross-border payment cooperation with Hong Kong and is actively promoting the interconnection of payment systems between the two places. Lu Lei pointed out that the PBOC continues to expand the RMB cross-border payment system's operations in Hong Kong, successfully launching "Cross-border Payment Connect" in June this year and establishing a unified cross-border QR code gateway. In the future, the PBOC will further explore the use of digital RMB for cross-border payments, including promoting multilateral central bank digital currency bridge cooperation and building a dual platform of blockchain and digital assets, providing greater convenience for the economic integration and development of both places.