In August 23rd, the Central Bank News said that the next step is that the PBC will formulate the "12th Five-Year plan" of China's payment system as soon as possible with relevant departments, and study and implement specific policies to promote the development of e-payment, so as to provide necessary for the development of electronic payment. policy Support.

　　 Central Bank It was revealed that in from August 2nd to 4th this year, the people's Bank of China invited relevant agencies to form a special research group to conduct research in Shanghai and Hangzhou, including NPC deputies, CPPCC members, the Ministry of industry and commerce, the Ministry of Commerce and the Banking Regulatory Commission. The research group listened to the introduction of the development of the electronic payment business by the relevant financial institutions and non-financial organizations' payment service organizations, and visited the payment service enterprises such as China UnionPay, fast money company and Alibaba company.

Liu Shiyu, deputy governor of the central bank, emphasized the next step. People's Bank of China Implement specific policies to promote the development of electronic payment, provide necessary policy support for the development of electronic payment; closely cooperate with relevant departments, and intensify efforts to crack down on illegal and criminal activities such as pilfer card, counterfeit card, Internet fishing, telecommunications fraud and gambling related websites; further improve the electronic payment interbank settlement system, provide more powerful support and more convenient platform for the development of electronic payment business of commercial banks and non-financial institutions; encourage electronic payment service providers such as commercial banks and electronic payment service enterprises to continuously explore and innovate, guide the public and various economic entities to choose and use new electronic payment tools, cultivate advanced payment culture and payment habits; strengthen the self-discipline management and risk management of enterprises through the establishment and improvement of relevant systems, safeguard fair competition in the market, and effectively protect consumers' rights and interests. The "12th Five-Year plan" for the development of China's payment system will be formulated as soon as possible with relevant departments.

China's third party e-payment market reached 454 billion 600 million yuan in the first half of 2010, an increase of 33% over the same period last year, an increase of 89% over the same period last year, according to the latest data of IT consulting firm Analysys International.