As of the end of September 2020, the accumulated clearing volume of the RMB clearing bank exceeded 50 trillion yuan, with a total of more than 570,000 transactions. RMB Clearing Bank provides daily liquidity support to London and the global market of up to 20 billion yuan, maintaining our position as the largest clearing bank outside Greater China. RMB Clearing Bank will be the first UK direct participant of the CIPS system this year, helping London to maintain this leading position.