[ more info ]

Established in March 2002, UnionPay is a bankcard association established under the approval of the State Council and the People’s Bank of China. At present, the Shanghai-headquartered UnionPay has about 400 domestic and overseas associate members. [ more info ]

Clearing center for rural credit unions and other local rural financial institutions. Established in 2006. Owned by 30 province-level rural cooperative credit unions. [ more info ]

Shanghai Clearing House was authorised by the People’s Bank of China and the Ministry of Finance of China. It was launched on 28 November 2009 with a registered capital of RMB 300 million. Shanghai Clearing House provides a broad range of clearing services for financial transactions. China Foreign Exchange Trade Center, China Government Securities Depository [...] [ more info ]

China Foreign Exchange Trade Center (CFETC), also known as the National Interbank Funding Center, is a sub-institution of the People’s Bank of China. Its main functions include: providing systems for foreign exchange trading, RMB lending and bond trading; organizing interbank FX trading, RMB lending and bond trading; handling settlement and clearing of FX trading; prompting [...] [ more info ]

China Central Depository & Clearing Co., Ltd. (CCDC) is a nationwide non-bank financial institution and registered in State Administration for Industry & Commerce (SAIC) in December 1996. With the approval of State Council, CCDC was set up to undertake the function of centralized depository and settlement for the inter-bank bond market. [ more info ]

China Securities Depository and Clearing Corporation Limited (SD&C) was established in accordance with the Securities Law of the People’s Republic of China and the Company Law of the People’s Republic of China. The total registered capital is RMB1.2billion. Shanghai Stock Exchange and Shenzhen Stock Exchange are shareholders of SD&C, each holding 50% equities. The head [...] [ more info ]