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PBOC and Shanghai Issue Digital RMB Offshore Infrastructure Plan

2026-06-20 08:27:52

Abstract generation in progress

Six Chinese authorities issued the Shanghai International Financial Center Offshore Financial Development Action Plan. The plan calls for digital RMB cross-border, offshore, and blockchain infrastructure under secure and controllable conditions. The plan also calls for steady interconnection with foreign financial infrastructure. The plan seeks wider digital RMB use in offshore business scenarios.

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