Abstract: The implementation of digital RMB is an inherent requirement and strong support for China to release the vitality of the digital economy and build a digital China. With the orderly expansion of digital RMB pilot areas and the deepening and expansion of pilot scenarios, the research and development of digital RMB has made significant progress, but there are still some challenges in terms of technology application, security, cross-border payment, legal supervision and financial stability. In the face of the accelerating arrival of the digital currency era, the development path of digital RMB should be continuously optimized: Innovate and upgrade the application of technology to enhance the inclusiveness of the digital RMB and expand the coverage of pilot scenarios; Maintain the security of digital RMB issuance and circulation with security system design optimization and security education popularization; Explore the cross-border payment of digital RMB with the coordinated linkage of digital RMB and RMB internationalization; Standardize the operation and management of digital RMB with perfect laws, regulations and regulatory framework.
Optimize the operating system and risk prevention and control capabilities, reduce the impact of digital RMB on financial stability. We should further exert the strategic role of the digital RMB in building a new development pattern, and empower the high-quality development of the digital economy in an all-round way.
