Central Bank: Increase efforts to replicate and promote the "Shanghai Experience," supporting the innovative application and promotion of the digital RMB in related pilot free trade zones.
BlockBeats News, July 4th. Ji Min, head of the Research Bureau of the People's Bank of China, stated at the State Council's routine policy briefing on July 4th that next, the People's Bank of China will continue to work with relevant departments and other financial regulatory authorities to further support the Free Trade Zone in deepening its integration with international high-standard economic and trade rules and promoting a higher level of institutional opening-up while effectively preventing risks. On one hand, further deepen financial opening and innovation in the Shanghai Free Trade Zone.
Recently, eight support policies were announced at the Lujiazui Forum, including developing offshore trade finance, optimizing and upgrading the functions of the free trade account, and conducting a pilot comprehensive reform of offshore trade finance services. On the other hand, efforts will be made to replicate and promote the "Shanghai Experience," support the innovative application of the digital RMB in related free trade zones, and promote measures such as optimizing electronic payment services nationwide, exploring and practicing the path of open and innovative development in the field of finance in China, and accumulating more replicable and scalable experiences. (China.com)
You may also like

More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto

JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?

dFans: OnlyFans of the AI Era

Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.

Key Market Information Discrepancy on March 2nd - A Must-See! | Alpha Morning Report

Iran Missile Strike in Dubai: Three Chinese Nationals Tell Their Story 48 Hours Later

72 Minutes Before Attack, Six Mysterious Accounts Raked in $1.2 Million

How to Preserve Life and Wealth in Turbulent Times | Bill It Up Memo

I have given up using OpenClaw

WLFI is involved in insider dealings again? The banking license controversy under a $500 million investment

Morning News | Iranian Supreme Leader Khamenei Assassinated; Kalshi to Refund Fees for "Will Khamenei Step Down" Related Market; Bitcoin Spot ETF Sees Net Inflow of $787 Million This Week

The harvesting tactics of the quantitative giant Jane Street

Cryptocurrency ETF Weekly | Last week, the net inflow for Bitcoin spot ETFs in the U.S. was $787 million; the net inflow for Ethereum spot ETFs in the U.S. was $80.2 million

WLFI at it Again? Banking License Controversy Amid $500M Investment

The Aave civil war escalates, Morpho quietly doubles: Is the lending throne about to change hands?

Dune Stablecoin Research: The Flow and Demand of a $300 Billion Market
More brutal than a bear market, OpenClaw founder advises young people to stay away from crypto
JPMorgan and Goldman raise gold price targets; will on-chain finance welcome a new reserve asset cycle?
dFans: OnlyFans of the AI Era
Tron Industry Weekly Report: Geopolitical Turmoil Escalates, BTC Continues to Test $60,000, Detailed Explanation of the Protocol Konnex for AI Autonomous Collaboration and Settlement on the Chain
From CTA to AI: The Evolution of Adaptive Quant Strategies in Crypto Markets
Explore how an LLM-powered AI market-neutral trading strategy achieved a 2.75 Sharpe ratio with controlled drawdown. Inside crypto_trade’s adaptive hedging system at the WEEX AI Trading Hackathon.
How 30+ Global Sponsors Powered WEEX AI Trading Hackathon Into a $1.88M Carnival
Discover how 30+ global sponsors including AWS helped power the $1.88M WEEX AI Trading Hackathon, turning AI strategies into live crypto market competition.