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Woofun AI reports that the People’s Bank of China, alongside the National Development and Reform Commission, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission, the State Administration of Foreign Exchange, and the Shanghai Municipal People’s Government, jointly released the 'Action Plan for Developing Offshore Finance in Shanghai International Financial Center'. The directive mandates the construction of cross-border, offshore, and blockchain infrastructure for digital RMB, leveraging the International Operation Center for Digital RMB.
Concurrently, the plan seeks to steadily enhance interconnectivity with overseas financial infrastructure, thereby facilitating broader digital RMB application in offshore business scenarios and expanding its operational use cases.