On June 22, Cross-border Payment Connect was officially launched, marking that the Mainland and Hong Kong fast payment systems have been interconnected. The reporter learned from the Shenzhen branch of the People's Bank of China that on the same day, the country's first cross-border payment transfer service to the south for mainland residents and the north for Hong Kong residents landed in Shenzhen. In terms of remittance amounts, individuals have restrictions on individual remittance amounts. The Southbound Facilitated Remittance for Cross-border Payments follows the current maximum foreign exchange purchase limit of 50,000 US dollars per person per year; the maximum limit for Northbound Facilitated Remittance is HK$10,000 per person per day and HK$200,000 per person per year.

On June 22, Cross-border Payment Connect was officially launched, marking that the Mainland and Hong Kong fast payment systems have been interconnected. The reporter learned from the Shenzhen branch of the People's Bank of China that on the same day, the country's first cross-border payment transfer service to the south for mainland residents and the north for Hong Kong residents landed in Shenzhen. In terms of remittance amounts, individuals have restrictions on individual remittance amounts. The Southbound Facilitated Remittance for Cross-border Payments follows the current maximum foreign exchange purchase limit of 50,000 US dollars per person per year; the maximum limit for Northbound Facilitated Remittance is HK$10,000 per person per day and HK$200,000 per person per year.