International Digital RMB Operation Center Officially Launched, Cross-Border Financial Infrastructure System Initially Established

　　On September 24, a promotion conference for the business platform of the International Digital RMB Operation Center was held in Shanghai, introducing the functions of the Digital RMB Cross-Border Digital Payment Platform, Digital RMB Blockchain Service Platform, and Digital Asset Platform (hereinafter referred to as the "Business Platform") to relevant institutions. This marks the official launch of the International Digital RMB Operation Center. Lu Lei, Member of the People's Bank of China (PBOC) Party Committee and Deputy Governor, and Wu Wei, Standing Committee Member of the Shanghai Municipal Party Committee and Executive Vice Mayor, attended and delivered speeches.

　　Lu Lei stated that the upgrading and evolution of monetary and payment systems in the digital era is a historical inevitability. The PBOC is committed to providing open, inclusive, and innovative solutions for improving the global cross-border payment system. The three principles of "non-prejudice, compliance, and interoperability" proposed by the PBOC have become the basic guidelines for the construction of cross-border infrastructure for legal digital currencies. So far, the cross-border financial infrastructure system for digital RMB has been initially established. At the same time, the PBOC is exploring asset digitization innovations that enhance regulatory efficiency and transparency, improving settlement clarity and the intelligence of value flow. The deployment of the Business Platform in Shanghai is not only a concrete measure to facilitate cross-border payments but also aligns closely with the core functions of Shanghai as an international financial center. In the future, the PBOC will continue to support the steady and long-term development of the International Digital RMB Operation Center, providing solid support for facilitating cross-border trade and investment financing.

　　The International Digital RMB Operation Center was established and is managed by the Digital Currency Research Institute of the PBOC. It is responsible for constructing and operating cross-border and blockchain infrastructure for digital RMB, promoting cross-border connectivity with domestic and international financial infrastructures, advancing the international operation of digital RMB and the development of financial market businesses, and serving digital financial innovation.

　　The promotion conference was attended by representatives from relevant departments of the PBOC and the State Administration of Foreign Exchange, the PBOC Shanghai Head Office, related units, the Shanghai Municipal Government and relevant departments, digital RMB business operators, and representatives from Chinese and foreign financial institutions and partner enterprises in Shanghai.