TechFlow news, according to the Financial Times, on the 14th the Ministry of Commerce released a notice titled "On Issuing the Overall Plan for the Comprehensive Deepening of Pilot Programs for Service Trade Innovation Development," which announced pilot regions for the digital RMB: pilots will be conducted in the Beijing-Tianjin-Hebei region, the Yangtze River Delta, the Guangdong-Hong Kong-Macao Greater Bay Area, and qualified central and western pilot regions. According to reporters, the current digital RMB pilot remains unchanged as the “4+1” model, with internal closed testing still being carried out first in Shenzhen, Suzhou, Xiong'an New Area, Chengdu, and future Winter Olympics scenarios.
Relevant sources pointed out that the 28 pilot cities circulating online, such as Beijing, Tianjin, and Shanghai, are actually part of the comprehensive deepening of service trade innovation development pilot programs. Shenzhen, Suzhou, Xiong'an, and Chengdu represent the Greater Bay Area, the Yangtze River Delta, the Beijing-Tianjin-Hebei region, and central and western China respectively, and the People's Bank of China is currently conducting digital RMB pilot tests in these four locations.
