The People's Bank of China has imposed economic penalties on 2 units and relevant responsible persons who refused to accept Renminbi cash.

date
22/01/2026
In the fourth quarter of 2025, the People's Bank of China imposed economic penalties on 2 units and related responsible persons who were verified to refuse to accept RMB cash in accordance with the law. Enterprises should strengthen the concept of rule of law, respect the public's payment choices, and jointly create a harmonious cash circulation environment. The People's Bank of China will continue to carry out rectification work of refusing to accept RMB cash, effectively protect the legitimate rights and interests of consumers, and safeguard the legal tender status of the RMB. If the public encounters refusal to accept RMB cash, they can defend their rights in accordance with the "Regulations on the Receipt and Payment of RMB Cash and Services".