TechFlow news, the People's Bank of China held a seminar on digital RMB research and pilot work. The meeting required all relevant parties to follow the "14th Five-Year Plan" deployment, adhere to the general principle of pursuing progress while ensuring stability, take respective responsibilities, collaborate closely, and steadily advance the digital RMB research and pilot programs. The pilot scope will be expanded in an orderly manner—adding Tianjin, Chongqing, Guangzhou in Guangdong Province, Fuzhou and Xiamen in Fujian Province, and six cities in Zhejiang Province hosting the Asian Games as new pilot regions based on existing ones. Beijing and Zhangjiakou City in Hebei Province will transition into pilot regions after the conclusion of the pilot scenarios during the 2022 Beijing Winter Olympics and Paralympics.
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