Beijing branch of Cross-border clearing company signed a memorandum of understanding with the Beijing branch of ICBC to promote the development of cross-border RMB.

According to the cross-border clearing company, on June 23, at the Fourth China International Supply Chain Promotion Expo, the Cross-border Interbank Payment Clearing Corporation Limited Beijing Branch signed a "Memorandum of Cooperation to Promote the Development of Cross-border RMB" with the Industrial and Commercial Bank of China Beijing Branch. ICBC Beijing Branch is the first bank institution to reach a strategic cooperation agreement on cross-border RMB business with CIPS Beijing Branch.