At the Lujiazui Forum, People's Bank of China Governor Pan Gongsheng discussed the importance of blockchain and digital yuan for the global financial system.
Blockchain and International Yuan
Pan Gongsheng announced the establishment of an international operation center for the digital yuan, which will promote the international use of digital currency and support innovations in digital finance.
Lujiazui Forum and Financial Regulators
The Lujiazui Forum, held on June 18, gathered key financial regulators who discussed financial cooperation in a changing global economic context. Notable attendees included Pan Gongsheng and other high-profile officials.
China as a Leading Fintech Hub in Asia
China continues to demonstrate leadership in digital finance and has become a significant player in the discussions at the forum, showing a strategic focus on using blockchain to enhance trust in cryptocurrency systems.
China's participation in such forums highlights its ambition to take a leading position in digital finance and promote innovations through the use of blockchain and digital currencies.
