Central Bank: Support the innovative application of digital RMB to be promoted to relevant free trade pilot zones."
According to online reports, Ji Min, head of the Research Bureau of the People's Bank of China, said at a regular policy briefing of the State Council on July 4 that in the next step, the People's Bank of China will work with relevant departments and other financial management departments to effectively prevent risks. Continue to support the free trade pilot zone in deepening its docking with international high-standard economic and trade rules and promoting a higher level of institutional opening up. On the one hand, we will further deepen financial openness and innovation in the Shanghai Pilot Free Trade Zone. Not long ago, eight support policies were announced at the Lujiazui Forum, including the development of free trade offshore bonds, optimizing and upgrading the functions of free trade accounts, and carrying out pilot projects for comprehensive reform of offshore trade financial services. On the other hand, it is necessary to increase the replication and promotion of the "Shanghai Experience", support the innovative application of digital RMB and other measures to promote them to relevant free trade pilot zones, and promote measures such as optimizing electronic payment services to the whole country to explore the open and innovative development of my country's financial sector. Practice path and accumulate more replicable and replicable experience. (China website)
Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.