As mainland’s international operations centre, Shanghai will increase global reach of yuan, promote China’s central bank digital currency.

The announcement at the Lujiazui Forum comes as China accelerates efforts to expand the global use of its currency amid growing US tensions.

Il nuovo centro fungerà da hub per coordinare i flussi transfrontalieri in yuan digitali.

As mainland’s international operations centre, Shanghai will increase global reach of yuan, promote China’s central bank digital currency.