The central bank released the "2025 RMB Internationalization Report" to study and promote the use of digital renminbi in cross-border payments

According to Foresight News, the People's Bank of China released the "2025 RMB Internationalization Report", which details the current RMB internationalization process and next steps. The "Report" points out that the current multilateral central bank digital currency bridge has been officially joined by 5 central banks (monetary authorities) including the People's Bank of China. In the trend outlook section, the People's Bank of China pointed out that it will build an independent and controllable RMB cross-border payment system and study and promote the use of digital RMB in cross-border payments.
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