The Digital RMB International Operations Center officially operates and launches three business platforms

A business platform launch event for the Digital RMB International Operations Center was held in Shanghai on September 24th. The event focused on promoting the functions of the Digital RMB cross-border digital payment platform, Digital RMB blockchain service platform, and digital asset platform to relevant institutions, marking the official operation of the Digital RMB International Operations Center.

Lu Lei, Deputy Governor of the People's Bank of China, stated that the upgrade and evolution of monetary and payment systems in the digital age is a historical necessity. The People's Bank of China is committed to providing open, inclusive, and innovative solutions to improve the global cross-border payment system. The three principles of "losslessness, compliance, and interoperability" proposed by the People's Bank of China have become the fundamental principles for the construction of cross-border infrastructure for legal digital currency. A preliminary cross-border financial infrastructure system for the Digital RMB has been established.

At the same time, the center is exploring asset digitization innovations that will improve regulatory efficiency and penetration, enhance settlement transparency, and increase the intelligence of value transfer. The launch of the business platform in Shanghai is not only a concrete measure to facilitate cross-border payments, but also highly aligned with the development of Shanghai's core functions as an international financial center. Going forward, the People's Bank of China will continue to support the steady and long-term development of the Digital RMB International Operations Center, providing solid support for facilitating cross-border trade, investment, and financing.