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Central Bank: Support the innovative application of digital RMB, etc. to be prom

Ji Min, head of the Research Bureau of the People's Bank of China, said at the regular policy briefing of the State Council on July 4 that in the next step, the People's Bank of China will work with relevant departments and other financial management departments to continue to support the Pilot Free Trade Zone in deepening the connection with international high-standard economic and trade rules and promoting higher-level institutional opening up on the basis of effective risk prevention. On the one hand, further deepen financial opening and innovation in the Shanghai Pilot Free Trade Zone. Recently, eight support policies were announced at the Lujiazui Forum, including the development of free trade offshore bonds, the optimization and upgrading of free trade account functions, and the pilot reform of offshore trade financial services. On the other hand, it is necessary to increase the replication and promotion of the "Shanghai experience", support the innovative application of digital RMB and other measures to be extended to relevant free trade pilot zones, and promote measures such as optimizing electronic payment services to the whole country. Explore practical paths for the opening up and innovation development of our country's financial sector, and accumulate more replicable and generalizable experience. (China Net)