China to Maintain Appropriate Money Growth: Central Bank Governor

BEIJING, January 15 - The Industrial and Commercial Bank of China (ICBC) made breakthroughs in on-line banking business with transactions surpassing 600 billion yuan in 2001.

The transactions topped 500 billion yuan by December 10, 2001. From December 10-27, the figure exceeded 100 billion yuan, or 7.5 billion yuan per day.

Industrial insiders said the rapid development of the on-line banking business showed that the advanced financial service will have great potential when it is accepted by clients.

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Xinhua News Agency