Positive results produced thereafter showed that the reform was launched at the right time in the right direction. I. The reform of exchange rate regime has been furthered at an appropriate time  It is at the 3rd Plenary Session of 14th CPC Central Committee that the goal of establishing a managed floating exchange rate regime based on market supply and demand was outlined.
Building TIPS required the fulfilment of a number of particularly challenging technical requirements: - virtually instant payment execution (with processing times per payment not exceeding 5 seconds); - the capacity to handle a large volume of processed payments (over 43 million transactions per day); – very high availability and resilience (reaching 99.9% service availability, and the capacity to restart within 15 minutes in a site disaster scenario); - extreme scalability of the system from a performance viewpoint (the ability to sustain a doubling of the volume of payments over a year).