Central Bank: Increase efforts to replicate and promote the "Shanghai Experience," supporting the innovative application and promotion of the digital RMB in related pilot free trade zones.

By: theblockbeats.news|2025/07/04 17:21:46
0
Share
copy

BlockBeats News, July 4th. Ji Min, head of the Research Bureau of the People's Bank of China, stated at the State Council's routine policy briefing on July 4th that next, the People's Bank of China will continue to work with relevant departments and other financial regulatory authorities to further support the Free Trade Zone in deepening its integration with international high-standard economic and trade rules and promoting a higher level of institutional opening-up while effectively preventing risks. On one hand, further deepen financial opening and innovation in the Shanghai Free Trade Zone.

Recently, eight support policies were announced at the Lujiazui Forum, including developing offshore trade finance, optimizing and upgrading the functions of the free trade account, and conducting a pilot comprehensive reform of offshore trade finance services. On the other hand, efforts will be made to replicate and promote the "Shanghai Experience," support the innovative application of the digital RMB in related free trade zones, and promote measures such as optimizing electronic payment services nationwide, exploring and practicing the path of open and innovative development in the field of finance in China, and accumulating more replicable and scalable experiences. (China.com)

You may also like

The current Lobster Skill is just yesterday's Fruit Ninja, only meant to get you acquainted.

How Will Lobster Make Its Way into Our Lives?

Key Market Intelligence on March 10th, how much did you miss out on?

1. On-chain Funds: $51.2M USD inflow to Hyperliquid today; $51.2M USD outflow from Arbitrum 2. Biggest Gainers and Losers: $DRV, $OM 3. Top News: Middle East Conflict Sparks Stagflation Trading, Global Stock Markets Shed About $6 Trillion USD

IOSG: From Interest-Bearing Stablecoins to Crypto Credit Products

Bear Market Favors Stablecoin Yield Farming, Rise of Real World Asset (RWA) Lending with Interest-Bearing Stablecoins.

NVIDIA CEO Jensen Huang's Latest Article: The "Five Layers of AI"

NVIDIA breaks down AI into a five-level hierarchy of Energy, Silicon, Infrastructure, Models, and Applications, and points out that every successful AI application will pull through the entire stack from computation to power in the industry chain.

Daily Observation of Cryptocurrency Concept Stocks: Nasdaq Bets on Stocks on the Blockchain, Strategy Buys Another 17,994 BTC, ETH Treasury Stocks Enter Production Period

Traditional exchanges are beginning to embrace stock tokenization, while BTC treasury companies continue to increase their holdings through capital market instruments. ETH treasury companies, beyond Bitcoin, are also starting to validate the "holding + earning interest" balance sheet logic.

One-click onboarding to RootData, allowing project information to be accurately presented on over 200 platforms including Binance Wallet, Gate, TP, and more

Exchanging disclosure for trust, transparency is no longer a cost of the project, but a core asset for long-termists.

Popular coins

Latest Crypto News

Read more