Middle East crisis significantly boosts China’s payment system positions — Sechin The volume of transactions processed by China’s Cross-Border Interbank Payment System has more than tripled in the last five years. This significant increase was highlighted by the Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security. The Rosneft CEO also commented on this trend.

• Transaction volume through China’s Cross-Border Interbank Payment System has increased more than threefold in five years.
• This information was provided by the Executive Secretary of the presidential commission on fuel and energy sector development strategy and environmental security.
• Rosneft CEO also commented on the rise in transaction volumes.