China's central bank is considering introducing direct trading between the Chinese Yuan and South Korean Won and promoting greater use of the Korean currency here in China.
Experts say the launch date has not yet been decided, but the practice could begin as early as November.
As Chinese Premier Li Keqiang is soon to pay an official visit to South Korea, economic cooperation between Korea and China is high on the agenda.
For more on this topic, CRI's Spencer Musick spoke with Gao Shang, analyst with Guantong Futures.