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People's Bank of China: Promote the internationalization of the renminbi and steadily develop the digital renminbi

Dec 12, 2025 20:35:56

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According to Jinshi reports, the Party Committee of the People's Bank of China held a meeting, emphasizing the steady advancement of high-level financial opening-up and the maintenance of national financial security. It advocates for the implementation of global governance initiatives and actively participates in and promotes the reform and improvement of global financial governance. It aims to pragmatically carry out financial diplomacy and multilateral and bilateral monetary and financial cooperation. It will promote the internationalization of the renminbi. It will continue to build and develop a multi-channel, widely covered cross-border payment system for the renminbi. It will steadily develop digital renminbi.

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