Central Bank: Establish a digital RMB international operation center to carry out a pilot project of comprehensive reform of offshore trade financial services in Shanghai's Lingang New Area
According to online reports, 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 digital RMB and the development of financial market business, and serve digital financial innovation. Establish a personal credit reporting agency. Provide financial institutions with diversified and differentiated personal credit reporting products and further improve the social credit reporting system. Carry out a pilot project on comprehensive reform of offshore trade financial services in Shanghai's Lingang New Area. Innovate business rules and support Shanghai in developing offshore trade. Develop free trade offshore bonds. Follow the principle of "both ends outside" and internationally accepted rules and standards, and broaden the financing channels for "going global" enterprises and high-quality enterprises in countries and regions co-constructing the "Belt and Road". (CCTV News)
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