China CIPS Transaction Volume 2025 (Annual Data)
Official annual CIPS statistics for China's cross-border RMB payment system, including RMB settlement value and available transaction-volume history.
Quick Answer
China's CIPS Annual Transaction Volume data for 2025. Historical data available from 2015 to 2025, covering 11 years. Data source: People's Bank of China (PBC) and Cross-Border Interbank Payment System (CIPS).
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What is CIPS? China's Cross-Border RMB Payment System
CIPS (Cross-Border Interbank Payment System) is China's dedicated infrastructure for RMB-denominated cross-border payments and clearing, operated under the People's Bank of China. Launched in October 2015, it combines payment messaging and settlement in a single system — unlike SWIFT, which is a pure messaging network requiring separate correspondent banking arrangements.
CIPS vs SWIFT: SWIFT processes over 40 million messages daily across 11,000+ institutions in 200+ countries. CIPS has 100+ direct participants and 1,300+ indirect participants in 110+ countries as of 2024. CIPS settles directly in RMB, removing the need for USD as an intermediary currency.
Why this data matters: Daily CIPS volume is a direct real-time indicator of RMB internationalization — particularly among countries reducing reliance on the dollar-based correspondent banking system.
Currency display: CIPS publishes settlement value in RMB. China Data Portal keeps the official RMB value and adds an approximate USD equivalent for international readers. USD values are shown where CIPS publishes them directly; otherwise this page keeps the official RMB source value.
Data published daily by CIPS (cips.com.cn). See also: CIPS Monthly · CIPS Annual
CIPS 2026 Run-Rate Estimate
Estimate, not official annual dataBased on the monthly CIPS dataset from 2026-01 to 2026-05, the 2026 annualized run-rate is 0 transactions and ¥0T RMB in RMB settlement value . This estimate is shown for search and analyst context only and is not included in the official CSV/API annual series.
Method: average monthly transaction count and RMB settlement value across 5 published months, multiplied by 12. USD equivalent uses the latest available RMB/USD rate. Source series: CIPS Monthly Transaction Volume.
China CIPS Annual Transaction Volume
Data Table
11 data points| Year | Transactions | Official RMB value (Trillion RMB) | USD value / equivalent | USD basis |
|---|---|---|---|---|
| 2015 | ||||
| 2016 | ||||
| 2017 | ||||
| 2018 | ||||
| 2019 | ||||
| 2020 | ||||
| 2021 | ||||
| 2022 | ||||
| 2023 | ||||
| 2024 | ||||
| 2025 |
About This Dataset
Annual CIPS statistics including transaction count, payment value in RMB and USD where officially available from 2015 to 2025, plus participant and country coverage where reported. Shows the rapid growth of China's Cross-Border Interbank Payment System from 48,000 to 8.44 million transactions. Free API access.
The latest row (2025) reports value trillion rmb of 180 official value (trillion RMB), transactions (10K), USD value where available, participants, countries/regions and transactions 10k of 844 official value (trillion RMB), transactions (10K), USD value where available, participants, countries/regions. The dataset spans 11 data points from 2015 to 2025, updated yearly.
API
curl https://chinadata.live/api/v2/data/china-cips-payment-system-annual 📚 How to Cite This Data
Citation Format:
China Data Portal (2026). China CIPS Annual Transaction Volume. Retrieved from https://chinadata.live/data/china-cips-payment-system-annual/
Primary Source:
People's Bank of China (PBC) and Cross-Border Interbank Payment System (CIPS)
Last Updated:
2026-06-30T14:49:35.442Z
API Access:
GET https://chinadata.live/api/v2/data/china-cips-payment-system-annual Frequently Asked Questions
What was CIPS RMB settlement value in 2025?
This page tracks official CIPS transaction volume from 2015 to 2025, including transaction counts and RMB settlement value where published.
Is this CIPS data daily, monthly, or annual?
This is the yearly CIPS transaction volume dataset. Use the daily page for business-day movements, the monthly page for trend analysis, and the annual page for long-run CIPS growth from 2015 onward.
What is the CIPS 2026 forecast?
Based on 5 months of monthly CIPS data from 2026-01 to 2026-05, the 2026 run-rate estimate is 0 transactions and ¥0T RMB in RMB settlement value. This estimate is shown separately from the official annual dataset.
Where does the CIPS transaction volume data come from?
The data is sourced from official Cross-Border Interbank Payment System (CIPS) statistics and structured by China Data Portal for charting, CSV download, and API access.
How does China's China CIPS Annual Payment System Statistics compare globally?
China is one of the world's leading economies. Our dataset provides comprehensive China CIPS Annual Payment System Statistics data from 2015 to 2025, sourced from People's Bank of China (PBC) and Cross-Border Interbank Payment System (CIPS).