TechFlow news: The Shanghai Head Office of the People's Bank of China held its 2025 work conference, emphasizing continuous improvement in financial management and service levels. The conference highlighted full efforts to enhance payment convenience and steady advancement in the research, development, and application of the digital yuan. It also noted the use of blockchain technology to enable "one-stop" online processing of cross-border electronic tax payments. The head office will accelerate innovation in green finance and transition finance, supporting the development of pilot zones for sci-tech financial reform.
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