Lu Lei, deputy governor of the People's Bank of China, revealed at the 14th China Payment and Clearing Forum that important progress has been made in cross-border QR code payment interconnection. Today, Alipay and Ant International, a subsidiary of Ant Group, became the first institutions to participate in the pilot of cross-border QR code unified gateway business.
Lu Lei stressed that the current systemic risk threat in the payment industry is increasing, the scale and frequency of cross-border capital flows are expanding, and it also provides opportunities for cross-border money laundering, terrorist financing and other risks. Some overseas illegal platforms transfer funds through virtual currencies, underground banks and other channels, and domestic and foreign risks form "resonance", posing challenges to China's foreign exchange management and financial security.
Lu Lei, deputy governor of the central bank: Some overseas illegal platforms transfer funds through virtual currencies and other channels, and domestic and foreign risks form a "resonance"
2025-09-17 09:04:53
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