[People's Bank of China Shanghai Headquarters: Domestic residents and foreign travelers can use bank cards to swipe through turnstiles in Shanghai Metro] On April 28, the Shanghai Headquarters of the People's Bank of China held a press conference for the second quarter of 2026 to introduce the financial operations in Shanghai during the first quarter of this year. Xin Ran, Deputy Director of the Financial Services Department at the Shanghai Headquarters, stated in response to a question from The Paper that the Shanghai Headquarters of the People's Bank of China, building on and optimizing existing achievements, is actively exploring and making continuous efforts. It is organizing various payment service entities to align with Shanghai's key initiatives to boost consumption and promote inbound tourism, further improving the payment acceptance environment in key scenarios. Xin Ran mentioned that the Shanghai Headquarters, in collaboration with the Municipal Financial Office, has coordinated with the Digital Currency Research Institute of the People's Bank of China, China UnionPay, major international card organizations, leading banks, and Shanghai Metro to fully advance the Shanghai Metro card-swiping project. On June 14, 2025, the functionality to swipe bank cards and digital RMB hardware wallets through turnstiles will be piloted on the Shanghai Maglev Line. On June 28, 2025, the pilot will expand to the entire Shanghai Metro network, allowing domestic residents and foreign travelers to use UnionPay, Visa, Mastercard, American Express, JCB bank cards, and digital RMB hardware wallets to swipe through turnstiles in the Shanghai Metro. (The Paper)