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ChainCatcher news, according to the People's Bank of China official account, the People's Bank of China work conference will be held from January 3 to 4, 2025. The conference pointed out that in 2024, the financial management and service capabilities will continue to improve, and the research and application of the digital renminbi will be steadily advanced.In 2025, further optimization of the central bank's financial management and services will be carried out, strengthening the legal protection of the central bank's duties. A multi-level and diversified payment service system will be improved. The integration of information technology systems will be promoted in an orderly manner. The multi-level credit reporting market will be vigorously developed. The central bank's financial services in rural areas will be continuously optimized. Solid work will be done in economic and financial research, comprehensive statistics of the financial industry, currency issuance, digital renminbi research and development, treasury management, and international assessments of anti-money laundering, among other tasks.

ChainCatcher News, the People's Bank of China stated that as of now, the People's Bank has selected certain areas in 15 provinces (municipalities) to carry out digital RMB pilot programs and has comprehensively evaluated and identified 10 designated operating institutions. The top-level design of the digital RMB's two-tier operation framework has passed comprehensive testing, and its feasibility and reliability have been effectively verified. A large number of replicable and promotable application models covering both online and offline have been formed in various fields such as wholesale and retail, catering and cultural tourism, education and healthcare, and public services. As of August 31, 2022, the cumulative number of transactions in the pilot areas of the 15 provinces (municipalities) reached 360 million, with a total amount of 100.04 billion yuan, and the number of merchant stores supporting digital RMB exceeded 5.6 million. In addition, the digital RMB will continue to promote development in several areas, including strengthening the supply of basic products, exploring intelligent product applications, improving barrier-free and elderly-friendly designs, and maintaining a security bottom line. (source link)