The statistic data of payment business in the second quarter issued by the People’s Bank of China on August 16 indicated that in the second quarter, China’s payment system continuously ran steadily and effectively, with the business volume of the payment system continuously rising rapidly, to set a new record high in quarterly amount.

Data showed that over the period, a total of 6.854 billion pieces of non-cash payment business were handled nationwide, with the amount of RMB214.75t, up 31.1% and 27.9% from the same period last year respectively; and consequently, increased rate of the quantity and amount of no-cash payment business rose 13.3 percentage points and 21.3 percentage points year-on-year respectively.