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China's Central Bank to Launch New Payment System in June

West China Metropolis Daily, 4/14/10

Su Ning, deputy director of the People's Bank of China, revealed that the bank's second-generation payment system will launch in late June. Read More

PBoC to Regulate Emerging Payment Services

China Business News, 4/26/08

Su Ning, deputy governor of the People's Bank (PBoC) of China, says that the PBoC will introduce regulations on the management of payment services, in order to set clear guidelines for entry and exit conditions for non-financial payment organizations, rules for services, risk prevention, internal controls, and external monitoring. Read More