Central Bank announces the establishment of the Digital Renminbi International Operation Center to promote digital financial innovation.

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On June 18, according to CCTV News, at the 2025 Lujiazui Forum, Pan Gongsheng, Governor of the People’s Bank of China, announced the establishment of a digital RMB international operation center. Promote the international operation of e-RMB and the business development of the financial market, and serve the innovation of digital finance. Establish personal credit reporting agencies. Provide financial institutions with diversified and differentiated personal credit reporting products, and further improve the social credit reporting system. Carry out a pilot project for the comprehensive reform of offshore trade financial services in the Shanghai Lingang Special Area. Innovate business rules to support Shanghai’s development of offshore trade. Development of free trade offshore bonds. In accordance with the principle of “two ends outside the world” and internationally accepted rules and standards, we will broaden the financing channels for “going out” enterprises and high-quality enterprises in the countries and regions of the Belt and Road Initiative.

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Csigaporvip
· 2025-06-18 04:24
Thanks for the info!
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