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China-Laos Cross-Border Digital Payment Interconnection Launched
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On September 18, 2026, the People's Bank of China and the Bank of the Lao PDR jointly held a launch meeting for China-Laos cross-border digital payment connectivity in Nanning, Guangxi. Deputy Governor Lu Lei of the People's Bank of China and Deputy Governor Sulisak Samnuan of the Bank of the Lao PDR attended and delivered speeches. The initiative is described as a key measure to implement consensus between the two countries' leaders and deepen bilateral financial cooperation. It represents a phased achievement under the Memorandum of Understanding on Strengthening Cooperation in Financial Innovation, Digital Payments, and Legal Tender Digital Currencies signed by the two central bank governors in June 2026. Officials from relevant departments of both central banks, as well as representatives from commercial banks and participating enterprises, attended the meeting.
Source report
Nanning, Guangxi – September 18, 2026 – The People's Bank of China and the Bank of the Lao People's Democratic Republic jointly held the launch ceremony for the China-Laos Cross-Border Digital Payment Interconnection in Nanning, Guangxi.
Deputy Governor of the People's Bank of China, Lu Lei, and Deputy Governor of the Bank of the Lao PDR, Sulisack Samnuan, attended the event and delivered speeches.
The China-Laos Cross-Border Digital Payment Interconnection represents a significant step in implementing the consensus reached by the leaders of both countries and deepening bilateral financial cooperation. It is also a milestone achievement under the framework of the Memorandum of Understanding on Strengthening Cooperation in Financial Innovation, Digital Payments, and Legal Digital Currencies, signed by the governors of the two central banks in June 2026.
Officials from relevant departments of both central banks, as well as representatives from commercial banks and participating enterprises, attended the meeting.
Source
中国人民银行Eastern
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China and Laos launch cross-border digital payment interconnection in Nanning