TechFlow news, on December 12, the Party Committee of the People's Bank of China held a meeting emphasizing steady advancement of high-level financial opening-up and safeguarding national financial security. It advocated practicing global governance initiatives, actively participating in and promoting reforms to improve global financial governance. Practical financial diplomacy and multilateral and bilateral monetary and financial cooperation will be carried out. Efforts will continue to promote RMB internationalization, steadily build and develop a multi-channel, broadly covered cross-border RMB payment system, and steadily advance digital RMB development. (Jinshi)
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