TechFlow news, June 18 — According to Jinshi Data citing CCTV News, at the 2025 Lujiazui Forum, Pan Gongsheng, Governor of the People's Bank of China, announced the establishment of a Digital RMB International Operations Center. This initiative will advance the international operations of digital RMB and the development of financial market business, supporting innovation in digital finance. A personal credit reporting agency will be established to provide financial institutions with diversified and differentiated personal credit products, further improving the social credit system. A comprehensive pilot reform for offshore trade financial services will be launched in the Shanghai Lingang New Area, introducing innovative business rules to support Shanghai’s development of offshore trade. Offshore bonds under free trade zones will be developed, following the principle of "both ends outside" and internationally accepted rules and standards, broadening financing channels for outbound enterprises and high-quality enterprises from Belt and Road partner countries and regions.
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