Shenyang Wengui International Trading Co., Ltd.

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The world first company enters China

China’s financial sector has further expanded its opening up, liberalized foreign investment access conditions and shareholding ratios, and on May 2, the People’s Bank of China received a letter from World First on permission to apply for payment services. This is since the People’s Bank of China released the restrictions on foreign investment payment institutions’ access at the end of March. The first application from a foreign-funded institution. (Source: China News)

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