Svmuu News: The People's Bank of China (PBOC), the National Development and Reform Commission, the National Financial Regulatory Administration, the China Securities Regulatory Commission, and the State Administration of Foreign Exchange,and the Shanghai Municipal People’s Government have jointly issued the “Action Plan for the Development of Offshore Finance in Shanghai as an International Financial Center.” The plan states that, leveraging the Digital RMB International Operations Center, cross-border, offshore, and blockchain infrastructure for the Digital RMB will be built and operated under safe and controllable conditions; interoperability with overseas financial infrastructure will be prudently advanced; and the application and expansion of use cases for the Digital RMB in offshore operations will be steadily promoted.