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The People's Bank of China (PBOC) Cheap Adidas Originals Superstar Adicolor Black White , the country's central bank, remains cautious about allowing banks to offer remote account services based on facial recognition technology. (PhotoSouthern Metropolis Daily)
The People's Bank of China (PBOC), the country's central bank, remains cautious about allowing banks to offer remote account services based on facial recognition technology, according to Fan Shuangwen, an official from the bank.


Fan held discussions on the matter with industry representatives at the Tsinghua PBCSF Global Finance Forum on May 24 Cheap Adidas Originals Superstar 2 White , the 21st Century Business Herald reported Tuesday


"The real-name requirement for bank accounts must continue to be implemented," Fan said. "What new technologies can do to replace face-to-face checks over the counter is worth discussing."


Earlier this year, the PBOC drafted a guideline on remotely opening bank accounts and convened a meeting of commercial banks to discuss the matter. Afterwards, many state-owned banks, joint-equity banks and Internet-based private banks began developing remote account-opening processes based on facial recognition technology.


The PBOC has also conducted a series of studies, but remains silent about procedures and standards. Commercial banks must get the central bank's nod before they can go ahead with pilot programs.


Fan says the central bank is very cautious in this regard Cheap Adidas Originals Superstar 2 Black , because account opening is vital to the fight against money laundering.


China should work out the technical standard for facial recognition technology before any financial standard can be made and implemented, Fan said.


TAIYUAN, Sept. 21 (Xinhua) -- The strange colors of a salt lake known as "China's Dead Sea" have attracted many visitors curious to catch a glimpse of the two-colored attraction.


Yuncheng Salt Lake in northern China's Shanxi Province covers an area of 132 square meters. Sitting in the city of Yuncheng, its two colors make it look like a double-flavored hotpot, appearing green on one side and pink on the other.


"It looks beautiful," said a local resident.


According to the local publicity department Cheap Adidas Originals Superstar 2 Brown , the pink side contains a chemical called Dunaliella salina, which changes it from the original green color.


The dual-colors have lasted for many years, and the view only disappears in winter when the lake dries up.


The lake is one of the three inland salt lakes with sodium sulfate in the world. The amount of salt it contains is similar to that of the Dead Sea and allows humans to float on it. According to geologists, the lake was formed about 50 million years ago.


Chinese people began making use of the lake at least 4,000 years ago. According to historical records, revenue from the salt produced by the lake accounted for about a quarter of the country's total salt revenue during the reign of Emperor Li Yu (766-779 A.D.) in the Tang Dynasty (618-907 A.D.).


Today Cheap Adidas Superstar Animal Patterns Black White , the lake still produces salt for industrial use.


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PostPosted: Thu Jul 05, 2018 3:09 am    Post subject: Reply with quote

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