Core Viewpoint - The recent developments in digital RMB mark significant milestones, with the establishment of the Digital RMB Operation Management Center in Beijing and the International Operation Center in Shanghai, aimed at enhancing the digital currency's infrastructure and international cooperation [1][4][6]. Group 1: Digital RMB Operation Management Center - The Digital RMB Operation Management Center has officially launched in Beijing, responsible for the construction, operation, and maintenance of the digital RMB system, promoting its development and supporting the capital's financial management center [4]. - The People's Bank of China (PBOC) emphasizes that digital RMB is a legal digital currency issued and regulated by the central bank, integrating emerging technologies like distributed ledger [4]. - The digital RMB ecosystem has been gradually established, with plans to optimize its management system and support more commercial banks in becoming operational entities for digital RMB [4] [11]. Group 2: Digital RMB International Operation Center - The Digital RMB International Operation Center commenced operations in Shanghai, focusing on building and operating cross-border and blockchain infrastructure for digital RMB [6]. - The center aims to enhance cross-border payment systems and facilitate international financial market development, adhering to principles of openness, compliance, and interoperability [6][7]. - The PBOC is committed to improving the cross-border payment system and supporting the internationalization of the RMB through technological innovation and collaboration [7]. Group 3: Expansion of Digital RMB Pilot Programs - The pilot programs for digital RMB are expanding, covering 26 regions across 17 provinces and cities by the end of 2024, with applications in various sectors such as retail, education, and public services [9]. - As of the end of 2024, the cumulative transaction amount in pilot areas reached 9.4 trillion yuan, processing 2.56 billion transactions, with a year-on-year increase of 37.9% in transaction volume [9][10]. - Financial services and applications for small and micro enterprises are being enriched, with initiatives to enhance the daily life integration of digital RMB [10].