The People's Bank of China clearly stated in the "14th Five-Year Plan" to steadily develop the digital renminbi

The People's Bank of China proposed in the "Fifteenth Five-Year Reform and Development Plan of the People's Bank of China" to optimize financial infrastructure and the central bank service system, improve payment, treasury, and cash services, steadily develop the digital renminbi, and promote high-quality development of the credit reporting industry, as well as strengthen anti-money laundering supervision, to support the construction of a strong financial nation and high-quality economic development.

Strengthen the governance foundation for the central bank's responsibilities, and comprehensively promote the construction of a law-based central bank and a digital central bank.