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Central Bank: Establishing a Digital RMB International Operation Center and Launching a Pilot of Comprehensive Reform of Offshore Trade Financial Services in the New Area of Lingang, Shanghai

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2025-06-18 01:56:43
At the 2025 Lujiazui Forum, Pan Gongsheng, Governor of the People's Bank of China, announced the establishment of an international operation center for digital RMB. Promote the international operation of digital RMB and the development of financial marekt business, and serve digital financial innovation. Establish a personal credit reporting agency. Provide diversified and differentiated personal credit reporting products for Financial Institution Group, and further improve the social credit reporting system. Launch a pilot for comprehensive reform of offshore trade financial services in the new area of Lingang, Shanghai. Innovate business rules to support the development of offshore trade in Shanghai. Develop free trade offshore bonds. Follow the principle of "two ends outside" and internationally accepted rules and standards, and expand financing channels for "going global" enterprises and the "Belt and Road Initiative" to jointly build high-quality enterprises in countries and regions. ( CCTV News)
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