The People's Bank of China and the Central Bank of the United Arab Emirates launched a payment interconnection and JISR multilateral digital currency bridge project.

Both sides signed a Memorandum of Understanding on cross-border payment connectivity, announced the interconnection of their respective fast payment systems to support rapid online cross-border remittances for businesses and individuals, witnessed the first transaction of the "UnionPay-Jaywan" dual-branded card, and officially launched the UAE Multilateral Digital Currency Bridge (JISR) project to promote bilateral financial cooperation and improve the efficiency of cross-border payments.