US EditionChongqing’s Cross-Border RMB Settlements Surge 37% in 2024, Outpacing National Growth
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Chongqing’s Cross-Border RMB Settlements Surge 37% in 2024, Outpacing National Growth
Chongqing—The recently released Chongqing Cross-Border Financial Development Report highlights the city's growth in cross-border finance. For 2024, 393.5 billion yuan (about 54.46 billion yuan) was settled in cross-border RMB, reflecting a 37% year-on-year increase, 15 percentage points higher than the national average. Chongqing Jiangbeizui Central Business District. (Photo/Jiangbei District) In 2024, Chongqing introduced an action plan to dri…
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