China's central bank: Strengthen digital RMB infrastructure construction and promotion and application
According to Bijie.com, the People's Bank of China held a work conference for the second half of 2025 and a meeting to promote the regular and long-term implementation of central inspection rectification work. The meeting called for the study and formulation of the People's Bank of China's 15th Five-Year Plan for Reform and Development. Key tasks for building a digital central bank must be implemented. A secure and efficient cross-border payment system must be established. The interconnection of fast payment systems must be promoted in an orderly manner. A comprehensive regulatory and protection network for fraud and gambling-related "capital chains" must be established. Cash services and management must be improved. The development and promotion of digital RMB infrastructure must be strengthened.