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Central Bank Institute Research Director: The measurement framework of the digital renminbi should be upgraded

3 hours ago

On September 13th, as reported by The Paper, Mu Changchun, Director of the Digital Currency Institute of the People's Bank of China, stated at the 2025 Inclusion·The Bund Summit "New Application of Financial Technology and Innovative Development of Central Bank Digital Currency" Insights Forum that in order to ensure the consistency between the money supply and economic growth as well as price expectations and to enhance the enthusiasm of commercial banks and users, the measurement framework of the digital renminbi needs to be upgraded. Meanwhile, by leveraging business technical features such as CoinChains and a unified global ledger, better monetary services should be provided for the development of the real economy.

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