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Business Briefs

Business Briefs
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摘要 Bank-Card Clearing China will open the bank-card clearing business to both domestic and foreign investors to further open up the financial sector and optimize the consumption environment. "All qualified do- mestic and overseas enterprises can apply for setting up bank-card clearing institutions in China,'" a statement by the State Council said. It added that the country must improve management and prevent risks to safeguard the legitimate interests of card users. At present, China UnionPay is the only bank-card clearing institution in China. Bank-Card Clearing China will open the bank-card clearing business to both domestic and foreign investors to further open up the financial sector and optimize the consumption environment. "All qualified do- mestic and overseas enterprises can apply for setting up bank-card clearing institutions in China,'" a statement by the State Council said. It added that the country must improve management and prevent risks to safeguard the legitimate interests of card users. At present, China UnionPay is the only bank-card clearing institution in China.
出处 《ChinAfrica》 2014年第12期46-46,共1页 中国与非洲(英文版)
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