Core Viewpoint - The People's Bank of China emphasizes the acceleration of the construction of a cross-border payment system for the renminbi, aiming for high-quality development of the modern payment system in alignment with the 14th Five-Year Plan and financial power construction goals [1] Group 1: Payment System Development - The 2026 payment settlement work will focus on promoting the high-quality development of the modern payment system [1] - There is a push for the construction of a cross-border payment system, enhancing interconnectivity and promoting a diversified and multi-layered development of cross-border payment systems [1] Group 2: Regulatory Measures - Strict implementation of penetrating regulation for payment institutions and functional regulation of payment services is mandated [1] - The aim is to create a healthy industry ecosystem through a combination of administrative and self-regulatory measures [1] Group 3: Service Optimization - Continuous efforts will be made to optimize payment services, ensuring convenient and secure payment options [1] - There is a focus on improving the quality and efficiency of payment systems, leveraging innovation to enhance industry standards [1]