BEIJING, February 15 (Xinhua) – China has established a green payment and settlement channel to ensure timely money transfers as part of the fight against the new coronavirus epidemic, announced on Saturday Fan Yifei, deputy governor of the People’s Bank of China, at a press conference.
During the period from January 24 to February 14, a total of 393,500 payment transactions totaling 77.370 billion yuan (about 11.060 billion US dollars) were made through the bank’s high-value and micropayment systems. central, said Fan.
Of the total, 872 payment transactions, or 44.8 billion yuan, were related to preventing and controlling the epidemic, he said.
On February 3, the central bank extended the functional period of the high-value payment system, which is normally suspended during the Spring Festival holidays, to meet the demand for interbank and business market transactions. for the redistribution of special loans.
The central bank has adopted measures to strengthen the cash supply and liquidity management, and has allocated four billion yuan in new notes to Wuhan, the epicenter of the epidemic, according to Fan.
The central bank will firmly apply supportive financial policies to control the epidemic and help qualified businesses to resume production and operations as soon as possible, he said.
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