Key Points - China will implement a temporary import tariff lower than the most-favored-nation rate on 935 items starting January 1, 2026, to enhance the linkage between domestic and international markets and expand the supply of quality goods [3] - The People's Bank of China announced that a new generation of digital RMB framework, management system, operational mechanism, and ecosystem will officially launch on January 1, 2026, marking a significant adjustment as digital RMB transitions from a digital cash era to a digital deposit currency era [3] - From January to November, state-owned enterprises reported total operating revenue of 75,625.76 billion yuan, a year-on-year increase of 1.0%, while total profits decreased by 3.1% to 3,719.45 billion yuan [3] - The State Council Tariff Commission released a tariff adjustment plan for 2026, increasing the total number of tariff items to 8,972 [3] - The international silver price experienced significant volatility, briefly surpassing $83 per ounce before quickly declining, with platinum and palladium also seeing substantial drops [3]

来源：中国新闻网 编辑：张澍楠 广告等商务合作，请点击这里 中新社北京12月29日电 (陶思阅)中国人民银行29日发布消息称，截至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。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，这意味着数字人民币将从数字现金时代迈入数字存款货币时代。 当前，境内和跨境数字人民币试验推广取得成效，数字人民币具备了通用混合型货币能力，既有账户模 式，也有区块链模式；既有软件钱包，也有硬件钱包；既可以线上支付，也可以离线支付。 同时，数字人民币在批发零售、餐饮文旅、教育医疗、公共服务、社会治理、乡村振兴、跨境结算等领 域形成了覆盖线上线下、可复制可推广的应用模式。 数据显示，截至11月末，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中占比约为95.3%。 在总结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 ...

中经记者 许璐 李晖 北京报道 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《守正创新 稳步发展数字人 民币》。 陆磊在文章中表示，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》（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。 陆磊指出，新的制度安排在"双层架构"基础上，明确了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版进入存款货币型数字人民币2.0版。 数字人民币处于领跑态势 陆磊指出，当前，境内和跨境数字人民币试验推广取得积极成效，在各国中央银行试验推进的项目中， 数字人民币处于领跑态势。 2016年，中国人民银行提出了具有数字货币特征的电子支付工具（DC/EP）的法定数字货币理论框架构 想，审慎科学稳健试点探索数字人民币（e-CNY）管理体系和运行机理。经反复论证和开放试点，初步 构建了数字人民币的生态体系，走出了一条以中央银行为主导，依托商业性金融机构和现有支付体系， 融合最新技术 ...

来源： 新华社 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。 新华社消息，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。 ...

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%。 据央视新闻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》（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。 中国人民银行副行长陆磊在12月29日的《金融时报》上撰文指出，《行动方案》从机制上明确了数字人 民币将从数字现金时代迈入数字存款货币（Digital Deposit Money）时代。 陆磊表示，未来的数字人民币是中央银行提供技术支持保障并实施监管、具有商业银行负债属性，以账 户为基础、兼容分布式账本技术特点，在金融体系内发行、流通的现代化数字支付和流通手段，具备货 币价值尺度、价值储藏、跨境支付职能。 中国人民银行副行长陆磊在12月2 ...

Core Insights - The People's Bank of China has introduced an action plan to enhance the management and service system for digital RMB, with a new framework set to launch on January 1, 2026 [1][2] - As of November 2025, digital RMB has processed 3.48 billion transactions totaling 16.7 trillion yuan, with 230 million personal wallets opened [1] - The digital RMB will transition from a cash-based model to a digital deposit currency model, supported by central bank technology and regulatory oversight [2][3] Group 1: Digital RMB Framework - The action plan outlines a dual-layer architecture where the central bank sets rules and standards, while commercial banks manage customer wallets and ensure compliance [2][3] - Digital RMB wallets will be treated as bank liabilities, marking a shift from cash-like to deposit currency [3] - The plan includes a 100% reserve requirement for non-bank payment institutions handling digital RMB [3] Group 2: Incentives and Interest - The action plan promotes the construction of a digital RMB acceptance environment, aiming for real-time settlement and reduced transaction costs [4] - Banks will pay interest on digital RMB wallet balances, aligning with deposit insurance regulations to ensure safety [4] - The plan emphasizes the importance of interest-bearing capabilities of accounts compared to cash for both individuals and institutions [4] Group 3: Technological Integration - The action plan proposes an upgrade to the existing account system, incorporating new technologies to enhance the digital RMB ecosystem [5] - It aims to create a smart contract ecosystem to support various financial applications, including supply chain finance and carbon trading [5] - The digital RMB will leverage blockchain technology for cross-border transactions and regulatory compliance [6][7] Group 4: Governance and Oversight - A Digital RMB Management Committee will be established to oversee operations and ensure regulatory compliance [7] - The plan includes a self-regulatory office within the Digital Currency Research Institute to guide market incentives [7] - The separation of management and operational functions aims to ensure the security and innovation of the digital RMB system [7][8]

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]