中国启动人民币跨境支付系统

China\'s central bank Thursday launched the China International Payment System, or CIPS, a worldwide payments superhighway facilitating trade settlement and investment dominated in the yuan.

The People\'s Bank of China said this is the first phase of the system, intended to ease cross-border yuan business activities and support trade in goods and services. The second phase of the system is expected to improve clearing efficiency for direct participants in the yuan market.