PBOC and HKMA sign MOU on cross-boundary linkage of payment systems
They also exchanged views on financial co-operation between the Mainland and Hong Kong.
People's Bank of China Deputy Governor Lu Lei and Hong Kong Monetary Authority Deputy Chief Executive Howard Lee signed a Memorandum of Understanding to link payment systems between Mainland and Hong Kong on 2 August.
The MOU aims to establish a cooperation framework for the linkage.
The two also exchanged views on a range of topics including financial co-operation as well as pushing forward the linkage of fast payment systems.