Core Insights - The People's Bank of China announced that the new digital RMB framework will officially launch on January 1, 2026, marking a significant step in the evolution of digital currency in China [1] - The digital RMB is currently leading in trials among central banks globally, showcasing its advanced capabilities in various aspects of digital currency [1] Group 1: Digital RMB Capabilities - The digital RMB has a hybrid currency capability, supporting both account and blockchain models, as well as software and hardware wallets, enabling both online and offline payments [1] - It features programmable currency capabilities, allowing for smart contracts that facilitate digitalization and automatic execution of contracts [1] - The digital RMB offers efficient regulatory capabilities with strong transparency, standardization, and interoperability [1] - It has a comprehensive application across various sectors, including wholesale and retail, dining and tourism, education and healthcare, public services, social governance, rural revitalization, and cross-border settlements [1] Group 2: Transaction Data - As of November 2025, the digital RMB has processed a total of 3.48 billion transactions, amounting to 16.7 trillion yuan [2] - The digital RMB app has opened 230 million personal wallets, with 18.84 million unit wallets established [2] - The mBridge project has handled 4,047 cross-border payment transactions, totaling approximately 387.2 billion yuan, with the digital RMB accounting for about 95.3% of the transaction volume across currencies [2]

北京商报讯（记者 刘四红）12月29日，中国人民银行党委委员、副行长陆磊在《金融时报》发表文章 称，中国人民银行出台了《关于进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方 案》（以下简称《行动方案》），新一代数字人民币计量框架、管理体系、运行机制和生态体系将于 2026年1月1日正式启动实施。 在货币履行支付手段职能上，实时结算、匿名和离线支付是现金在高度依赖终端、网络、移动互联的数 字经济时代不可替代的优势。《行动方案》提出"全面推进数字人民币受理环境建设"，依托高效系统设 计和全局一本账实现实时结算，全面降低信息流与资金流分离的交易费用。同时，账户相对于现金的生 息能力对个人和单位的激励、存款货币有利于保持负债稳定性对商业银行的激励，是任何货币创新工作 中不容忽视的决定性因素。 在"双层架构"内，《行动方案》明确：银行机构为客户实名数字人民币钱包余额计付利息，遵守存款利 率定价自律约定。这一安排依据实质重于形式的思路，初步形成了相容性激励安排。由此，银行可以对 数字人民币钱包余额自主开展资产负债经营管理，由存款保险依法提供与存款同等的安全保障。对非银 行支付机构而言，数字人民币保证金与非银 ...

Core Viewpoint - The People's Bank of China has introduced an action plan to enhance the management and service system for digital currency, with a new framework set to launch on January 1, 2026 [1] Group 1: Digital Currency Infrastructure - The action plan includes the establishment of an international operation center for digital currency in Shanghai and the promotion of a multilateral central bank digital currency bridge, showcasing the practical application of blockchain technology [1] - The digital currency international operation center will build a blockchain service platform and digital asset platform based on a unified ledger, providing on-chain settlement tools and cross-chain transfer capabilities [1] - The multilateral central bank digital currency bridge aims to address issues of "business sovereignty and currency sovereignty" across jurisdictions, ensuring equal rights and responsibilities among all participants [1] Group 2: Future Development and Applications - The cross-border use of digital currency will continue to expand through technological iterations, reducing service costs and facilitating cross-border trade and investment [2] - The development of digital currency will focus on meeting the needs of the real economy, adopting a balanced approach to account-based and value-based digital currency models [2] - The digital currency will be designed to cater to various scenarios and different business entities, promoting innovation in offshore financial services [2]

Core Viewpoint - The People's Bank of China has introduced an action plan to enhance the management and service capabilities of the digital yuan, with a new framework set to be implemented on January 1, 2026 [1] Group 1: Digital Yuan Management and Infrastructure - The action plan is based on ten years of research and pilot experience in digital currency [1] - A new generation of digital yuan will feature a measurement framework, management system, operational mechanism, and ecological system [1] Group 2: Characteristics of Digital Yuan - The digital yuan will be supported by the central bank's technology and regulatory oversight, possessing attributes of commercial bank liabilities [1] - It will be account-based and compatible with distributed ledger technology, serving as a modern digital payment and circulation method within the financial system [1] - The digital yuan will have functions including monetary value measurement, value storage, and cross-border payment capabilities [1]

在总结十年研发试点经验基础上，中国人民银行出台了《关于进一步加强数字人民币管理服务体系和相 关金融基础设施建设的行动方案》。根据制度安排，客户在商业银行钱包中的数字人民币是以账户为基 础的商业银行负债，标志着数字人民币由现金型1.0版进入存款货币型2.0版。（记者吴雨） 记者12月29日从中国人民银行获悉，新一代数字人民币计量框架、管理体系、运行机制和生态体系将于 2026年1月1日正式启动实施。数字人民币将从数字现金时代迈入数字存款货币时代。这意味着数字人民 币迎来重大调整。 ...

中国人民银行副行长陆磊12月29日在金融时报上撰文称，面向经济社会数字化、智能化发展趋势，为顺 应实体经济和金融体系对数字人民币发行、流通、使用的新需求，把握国际货币体系演进的历史趋势， 切实提升数字人民币管理质效和服务能力，在总结十年研发试点经验基础上，中国人民银行出台《关于 进一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，新一代数字人民币计量框 架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 ...

（文章来源：央视新闻） 今天（29日），记者从中国人民银行了解到，中国人民银行已经出台《关于进一步加强数字人民币管理 服务体系和相关金融基础设施建设的行动方案》（简称"《行动方案》"），新一代数字人民币计量框 架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 数据显示，截至2025年11月末，数字人民币累计处理交易34.8亿笔，累计交易金额16.7万亿元。通过数 字人民币App开立个人钱包2.3亿个，数字人民币单位钱包已开立1884万个。多边央行数字货币桥 （mBridge）累计处理跨境支付业务4047笔，累计交易金额折合人民币3872亿元，其中数字人民币在各 币种交易额占比约95.3%。 ...

Core Viewpoint - The 20th Central Committee's Fourth Plenary Session has approved the "Suggestions on Formulating the 15th Five-Year Plan for National Economic and Social Development," emphasizing the acceleration of building a financial powerhouse and the steady development of the digital RMB, providing a roadmap for its future development and improvement [1] Group 1: Digital RMB Development Direction - The digital RMB's positioning and development direction must align with market-oriented and legal frameworks, addressing the challenges posed by modern digital payment tools and ensuring effective monetary control [2] - The People's Bank of China (PBOC) initiated research and closed testing of digital RMB in 2014, establishing a management system and operational mechanism based on extensive trials and evaluations [3] Group 2: Current Achievements and Capabilities - The domestic and cross-border trials of digital RMB have shown positive results, with the digital RMB demonstrating capabilities as a universal mixed currency, programmable currency, efficient regulatory currency, and full-scenario currency [4] - As of November 2025, digital RMB has processed 3.48 billion transactions, amounting to 16.7 trillion yuan, with 230 million personal wallets opened [4] Group 3: Challenges Faced by Central Banks - Central banks globally face challenges in recognizing the impact of rapidly evolving digital payment tools on monetary control, requiring a balance between low-cost, high-efficiency digital payment methods and effective macroeconomic regulation [5] - The development of digital cash poses risks of financial disintermediation, as it operates independently of financial intermediaries, potentially affecting liquidity in the banking system [6] Group 4: Digital RMB Management Framework - The "Action Plan" outlines a transition from digital cash to digital deposit money, with the digital RMB being a modern payment and circulation tool supported by the central bank and compatible with distributed ledger technology [8] - The dual-layer operational framework of the digital RMB, which involves both the central bank and commercial banks, has been recognized as a global standard for ensuring financial stability [9][10] Group 5: Risk Management and Regulatory Framework - The "Action Plan" emphasizes the need for a clear delineation of responsibilities between the central bank and commercial banks to mitigate risks associated with financial disintermediation and shadow banking [11] - The establishment of a digital RMB management committee and the use of advanced regulatory technologies like AI and big data are crucial for enhancing regulatory capabilities and ensuring financial stability [18]

Group 1 - The article emphasizes the importance of asset allocation for investors, which involves distributing funds across various asset types based on risk tolerance, investment goals, and time horizon to achieve risk diversification and optimize returns [1] - The Zhejiang Investor Education Base promotes a "communication creates value" philosophy, focusing on interactive investor relations and financial information services [1] - The organization explores an "Internet + Investor Education" model, combining online and offline methods to make investor education services easily accessible [1]

责任编辑：曹睿潼 人民财讯12月29日电，中国人民银行副行长陆磊在《金融时报》发文称，中国人民银行将出台《关于进 一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，新一代数字人民币计量框 架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 人民财讯12月29日电，中国人民银行副行长陆磊在《金融时报》发文称，中国人民银行将出台《关于进 一步加强数字人民币管理服务体系和相关金融基础设施建设的行动方案》，新一代数字人民币计量框 架、管理体系、运行机制和生态体系将于2026年1月1日正式启动实施。 责任编辑：曹睿潼 ...