From July 18 to 24, 2026, CIPS dispatched a delegation to Peru and Chile for business expansion, and co-hosted RMB promotion events locally with Bank of China.

During the visit, Chairman Wang Hongbo and his delegation paid successive visits to major local financial institutions, including Banco Internacional del Perú, Banco Interamericano de Finanzas, Banco de Crédito del Perú, Banco BICE and Banco de Chile. The two sides held in-depth discussions covering the current adoption of the RMB, measures to upgrade service quality, and joint initiatives to boost RMB-related businesses. Chairman Wang Hongbo stated that CIPS will continue to upgrade system functions, expand its global service network and sharpen its international competitiveness. It will strive to build a more efficient, secure, inclusive and diversified cross-border payment ecosystem to better facilitate economic and trade exchanges as well as financial cooperation between China and Latin America.