RMB Cross-Border Payment Exchange Activity Held in Madrid, Spain

People’s Financial News, March 17 — The cross-border RMB payment exchange event was held in Madrid, Spain, on the 16th, providing a platform for European companies to further understand the RMB cross-border payment system and deepen practical cooperation with China. Representatives from the trade and economic sectors of Spain and Portugal attended the event. The event focused on the development of the RMB cross-border payment system, the application of RMB in China-Europe trade and economic exchanges, and related financial services. Participants expressed that the use of RMB in cross-border payments has broad prospects, and the RMB cross-border payment system is providing enterprises with more efficient and stable financial infrastructure. (Xinhua News Agency)

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