PBOC Holds Meetings in Sichuan and Shaanxi to Advance Payment Service Optimization
Published: October 16, 2026
Sources & Verification
Primary Source
People's Bank of China (PBOC) — Official document ↗
CPG Analysis
AI-assisted summary of the official source linked above, pending human review.
Verification
AI-assisted summary · generated Oct 16, 2026 · pending human review
This summary was generated by AI from the linked official source. It has not been reviewed line-by-line by a human editor.
⚠ This is a policy signal, not a confirmed rule.
No immediate compliance change has been identified. Monitor for official implementation documents.
⚡ Impact at a Glance
Who is affected
Banking, payment services, clearing, tourism and hospitality, retail and transport (payment acceptance at airports, scenic spots, high-speed rail stations)
Cities / Agencies
Chengdu and Xi'an, with broader application across Sichuan and Shaanxi provinces · People's Bank of China (PBOC)
What to do now
Monitor only — no action required
Source & verification
PBOC · AI-assisted summary · generated Oct 16, 2026 · pending human review
What to watch next
PBOC: implementing notices or guidelines on payment service optimization and demonstration zones; PBOC Sichuan and Shaanxi branches: local implementation plans and city-specific measures; SAFE: foreign-exchange and cross-border payment servicing rules for inbound visitors; Ministry of Culture and Tourism / Ministry of Commerce: joint payment facilitation measures for tourist and commercial venues
Executive Summary
The People's Bank of China held meetings in Chengdu and Xi'an on June 13–14, 2024, to push forward the optimization of payment services in Sichuan and Shaanxi. Officials urged local branches, government departments, and financial institutions to improve bank card acceptance, cash payment, mobile payment, and account services, especially at airports, tourist sites, and high-speed rail stations. The focus is on making payments easier and more convenient for elderly residents and overseas visitors to China. No new binding rules were issued — this is a coordination and mobilization meeting rather than an enforceable regulation.
Key Points
The PBOC convened payment-service optimization meetings in Chengdu and Xi'an on June 13–14, 2024, chaired in part by PBOC Deputy Governor Zhang Qingsong alongside the vice governors of Sichuan and Shaanxi.
Sichuan was described as a western inland opening-up hub and Shaanxi as the starting point of the ancient Silk Road, both with heavy external exchanges and tourism, making payment facilitation a priority.
Local authorities and financial institutions were told to build payment service demonstration zones around airports, scenic spots, and high-speed rail stations, and to develop a sustainable development model.
Priority tasks named were bank card acceptance, cash payment, mobile payment, and account services, with emphasis on age-friendly services and services in international scenarios.
The PBOC's Sichuan and Shaanxi branches were instructed to coordinate with culture and tourism, commerce, transport and other departments, and to encourage financial institutions to adopt city-specific measures.
The stated goal is a long-term working mechanism that delivers more diversified, higher-quality payment services and improves convenience and satisfaction for elderly people and overseas visitors.