China and Laos launch cross-border digital payment interconnection in Nanning
On September 18, 2026, the People's Bank of China and the Bank of the Lao PDR jointly launched a cross-border digital payment interconnection in Nanning, Guangxi. Deputy Governors Lu Lei and Surisak Samnouane attended. The system enables digital yuan QR code payments for Lao consumers and introduces corporate services via CBETS. It is a phased achievement under a June 2026 MoU on financial innovation and digital currencies.
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