The large-value payment system launched on 30 June 2005 and introduced nationwide has significantly improved the payment methods of rural credit cooperatives and contributed to providing a level playground for the rural credit cooperatives.
This pilot project of bank card services tailored for migrant workers is another important measure by the PBC to speed up rural financial infrastructure building and increase competitiveness of rural credit cooperatives. In recent years, thanks to the efforts of many parties, bank cards have seen rapid development in China.