Zhejiang: Yiwu will explore the pilot of digital RMB in the field of cross-border trade in an orderly manner

On December 24th, Jinshi Data reported that the Zhejiang Provincial Government held a press conference on the deepening of international trade comprehensive reform in Yiwu City. According to the overall plan, Yiwu will carry out a new round of reforms in improving market procurement trade methods, promoting innovative development of import trade, and deepening the financial sector. Among them, in terms of deepening the reform in the financial sector, it includes strengthening information sharing in logistics and customs clearance, optimizing digital inclusive financial services for small and micro enterprises and individual businesses. Exploring the construction of a local and foreign currency account system that conforms to the characteristics of small commodity trade, facilitating the capital settlement of relevant operating entities. On the premise of compliance with laws and regulations, orderly exploring the pilot of digital RMB in the field of cross-border trade.