China launches international operation center for digital RMB to advance currency internationalization
中国设立数字人民币国际运营中心,助力推进货币国际化
BEIJING, Sept. 25 (Xinhua) -- China's international operation center for the digital RMB has officially begun operations in Shanghai, the country's financial hub, the People's Bank of China (PBOC) said Thursday.
The initiative is among eight new measures announced by the PBOC governor Pan Gongsheng at the Lujiazui Forum in June for implementation in Shanghai.
此项举措,是中国人民银行行长潘功胜6月在陆家嘴论坛上宣布的八项新政措施之一,将在上海落地实施。
The center is designated to promote the internationalization of the digital currency and the development of financial market services while supporting innovation in digital finance, Pan said at the forum.
Along with its launch, the center unveiled three major platforms, which include a cross-border digital payment platform, a blockchain service platform and a digital asset platform.
Tian Xuan, president of the National Institute of Financial Research of Tsinghua University, said the launch of the center represents an important step in the development of digital RMB.
清华大学国家金融研究院院长田轩表示,该中心的成立标志着数字人民币的发展迈出了重要一步。
"It contributes to enhancing China's influence in the global financial system and provides an open, inclusive and innovative Chinese solution for improving the global cross-border payment system," Tian said.