At the 2025 Lujiazui Forum held on June 18, Pan Gongsheng, the governor of the People's Bank of China, announced new progress in the internationalization of the digital renminbi (e-CNY), stating that an international operational center for digital renminbi will be established in Shanghai to promote its global application.



Pan Gongsheng emphasized the importance of building a "multipolar" currency system at the meeting. He stated that this system will no longer rely solely on dominant currencies such as the US dollar and the euro, but will be supported by multiple currencies to promote global economic development. It is worth noting that China has been conducting research on central bank digital currency ( CBDC ) since 2014 and has implemented pilot programs in several regions domestically.

在谈及当前世界支付体系时,Pan Gongsheng 指出现有的跨支付基础设施存在明显缺陷,容易受到地缘政治因素干扰,甚至處於某些国家用作单边sanctions tools,从而破坏世界经济Financial Order 的稳定性。 虽然Pan Gong Sheng 未直接指明特定国家,但分析认为这一表述可能针对近期美国的对外经济制裁策略,特别是自2025年以来TrumpPu推行的关税策略已经开始影响美元世界attraction。

The promotion of the internationalization strategy of digital Renminbi is seen as an important move for China to seek greater influence in the global digital currency field, and it also reflects the increasingly fierce competition among countries in the development of digital fiat currencies.
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