Core Points - The Guangming Daily Publishing House issued a stern statement regarding the misuse of its name by certain organizations or individuals operating under the name "Guangming Zaiwang" and similar digital asset platforms, misleading the public and damaging the publisher's reputation [1] - The publisher clarified that it has never authorized any third party to operate digital asset platforms or related financial services, and any claims of association are false [1] - The publisher has collected evidence against those misusing its name and will report to regulatory authorities and law enforcement, pursuing legal action including civil compensation and criminal responsibility [1] - The publisher urged partners and the public to be vigilant and verify the legitimacy of digital asset platforms to avoid financial losses [1] Company Background - Guangming Daily Publishing House was officially established on January 11, 1981, and is recognized as the first publisher in China sponsored by a news organization [5]

Core Viewpoint - The establishment of the Digital Renminbi International Operation Center in Shanghai marks a significant step towards enhancing the internationalization of the digital renminbi, aiming to improve its global circulation and acceptance in international markets [3][12]. Group 1: Digital Renminbi International Operation Center - The Digital Renminbi International Operation Center has officially commenced operations, following the plan announced by the People's Bank of China (PBOC) during the Lujiazui Forum in June [3][4]. - The center features three main platforms: cross-border payment, blockchain infrastructure, and digital asset services, which are designed to enhance the operational capabilities of the digital renminbi in international markets [4][12]. Group 2: Cross-Border Payment Platform - The cross-border payment platform aims to address pain points in traditional cross-border payment models, focusing on technological integration, ecosystem reconstruction, and regulatory innovation [6]. - The goal is to create a secure, efficient, and inclusive global payment network, providing a "China solution" for a new ecosystem of cross-border payments that is "lossless, interoperable, and compliant" [6]. Group 3: Blockchain Service Platform - The blockchain service platform serves as a key hub for on-chain digital renminbi payment services and standardized blockchain transaction information transfer [8]. - It aims to enhance interoperability and transaction efficiency across various industry blockchain networks, reducing integration costs for participants [8]. Group 4: Digital Asset Platform - The digital asset platform focuses on the compliant operation of assets on the blockchain, supporting various asset types such as bonds, bills, electronic vouchers, and carbon credits [9]. - It aims to digitize the entire process of issuance, registration, custody, and trading while ensuring compliance and preventing financial risks like fictitious transactions and double pledges [9]. Group 5: Global Payment System Improvement - The PBOC is actively promoting improvements in the global cross-border payment system, adhering to the principles of "lossless, compliant, and interoperable" as foundational guidelines for the construction of cross-border infrastructure for legal digital currencies [11]. - The center is expected to play a crucial role in forming global central bank digital currency standards, addressing potential fragmentation in digital currency development [11]. Group 6: Internationalization Strategy - The core value of the Digital Renminbi International Operation Center lies in significantly expanding the network effect of the digital renminbi, enhancing its global liquidity and acceptance [13]. - The strategic focus has shifted from domestic retail testing to exploring applications in cross-border trade and international financial services, aiming to increase the global market share and competitiveness of the digital renminbi [13].

截至2025年10月13日 11:28，中证金融科技主题指数下跌1.95%。成分股方面涨跌互现，润和软件领涨2.94%，普元信息上涨2.85%，信安世纪上涨1.75%；指 南针领跌4.96%，财富趋势下跌4.17%，银之杰下跌4.08%。金融科技ETF(516860)下跌1.88%，最新报价1.51元。拉长时间看，截至2025年10月10日，金融科 技ETF近3月累计上涨3.92%，涨幅排名可比基金2/6。 流动性方面，金融科技ETF盘中换手4.28%，成交1.07亿元。拉长时间看，截至10月10日，金融科技ETF近1月日均成交2.86亿元，居可比基金前2。 政策方面，金融政策发力支持，支持宏观经济运行。国家发改委会同有关方面正积极推进新型政策性金融工具有关工作，新型政策性金融工具规模共5000亿 元，全部用于补充项目资本金。金融政策持续发力，资本市场有望迎来基本面与流动性改善的共振，直接利好政策敏感度较高的金融科技板块。 据报道，上海成立数币运营中心，金融创新再迎新举措。9月24日，数字人民币国际运营中心在上海正式运营。数字人民币国际运营中心由中国人民银行数 字货币研究所筹建和管理，负责建设运营数字人民币跨 ...

节后首个交易日（10月9日），沪指10年来首次突破3900点整数关口，市场放量成交，大金融盘中异动 明显。金融科技水下拉升翻红，信安世纪领涨超6%，高伟达、神州信息、恒生电子等多股涨超2%，财 富趋势、同花顺等炒股软件涨超1%。 责任编辑：杨赐 创新方面，上海成立数币运营中心，金融创新再迎新举措。9月24日，数字人民币国际运营中心在上海 正式运营。数字人民币国际运营中心由中国人民银行数字货币研究所筹建和管理，负责建设运营数字人 民币跨境和区块链基础设施，本次同步推出跨境数字支付平台、区块链服务平台和数字资产平台等3大 数字人民币运营平台。 多角度把握金融科技机会，建议重点关注金融科技ETF（159851）及其联接基金（A类013477、C类 013478），标的指数全面覆盖了互联网券商、金融IT、跨境支付、AI应用、华为鸿蒙等热门主题。截 至9月30日，金融科技ETF（159851）最新规模超120亿元，近1个月日均成交额超10亿元，规模、流动 性在跟踪同一标的指数的6只ETF中断层第一！ 数据来源：沪深交易所等。 风险提示：金融科技ETF被动跟踪中证金融科技主题指数，该指数基日为2014.6.30，发布日期 ...

Core Insights - The official operation of the Digital Renminbi International Operation Center marks a significant milestone in China's financial openness and digital currency innovation, facilitating the internationalization of the Renminbi [1][4] - The three platforms launched—cross-border digital payment platform, blockchain service platform, and digital asset platform—are designed to enhance the international service capabilities of the digital Renminbi and provide new solutions for cross-border payments [1][2] Group 1: Platforms Overview - The cross-border digital payment platform "Shubi Da" aims to address traditional cross-border payment issues such as high costs and low efficiency, creating a secure, efficient, and inclusive global payment network [2][3] - The blockchain service platform focuses on standardizing cross-chain transaction information transfer and on-chain digital Renminbi payment services for various scenarios and industries [2][3] - The digital asset platform supports compliant digital asset operations, including issuance, registration, custody, and trading, while exploring a compliant on-chain digital asset system [2][3] Group 2: Future Development - The development of the digital Renminbi is expected to expand its application scenarios from retail payments to cross-border settlements, government services, and supply chain finance [3] - The internationalization process will likely begin with neighboring countries and regions, particularly in trade and investment activities related to the Belt and Road Initiative, gradually establishing efficient cross-border payment channels [3] - Continuous optimization of the technical architecture and security systems, along with the establishment of relevant legal frameworks and standards, will enhance the collaborative ecosystem for the digital Renminbi [3]

"数字人民币国际运营中心的运营是中国金融开放与数字货币创新的关键里程碑，也是人民币国际 化进程中的重要突破。"清华大学国家金融研究院院长田轩表示，通过构建跨境金融基础设施体系，不 仅有效提升了数字人民币的国际服务能力，也为跨境支付提供了新的解决方案。 数字资产平台是面向合规数字资产业务的区块链金融基础设施，可支持在链上发行、登记、托管和 交易合规数字资产，如债券、票据、应收账款电子凭证、碳排放权等，并联动区块链服务平台，探索在 遵循现行监管框架下，构建高效、安全、合规的链上数字资产体系。 据介绍，三大平台全部由中国人民银行数字货币研究所自主研发，分工明确、协同发力。其中，区 块链服务平台和数字资产平台使用同一个区块链底座——安全可控、性能稳定的成方链。 "三大平台将围绕各自定位，在数字人民币国际化进程中发挥关键作用。"田轩认为，这将助力数字 人民币从国内试点迈向国际化运营，进一步推动其在国际贸易、跨境结算等场景中的应用落地。同时， 有助于促进金融基础设施互联互通，提升中国在全球金融治理中的话语权，并为改善全球跨境支付体系 贡献中国方案，推动金融开放向纵深发展。 传统跨境支付面临成本高、效率低、透明度低和接入范 ...

数字人民币国际运营中心近日正式运营，并推出数字人民币跨境数字支付平台、数字人民币区块链服务 平台及数字资产平台三大业务平台。三大平台将发挥怎样的作用？对推动数字人民币发展有何意义？ "从各自特点来看，跨境数字支付平台提升结算效率，区块链服务平台增强交易透明与监管穿透，数字 资产平台则为合规资产跨境流通提供底层支持，三者协同形成新型金融基础设施。"博通咨询首席分析 师王蓬博表示，这不仅能推动跨境支付向低成本、高效率、可追溯的方向演进，更将为数字证券、碳金 融、供应链资产等资产跨境流通探索合规路径。 "数字人民币从推出到国际运营中心的正式运营，标志着其发展进入了一个新阶段。"田轩表示，展望未 来，数字人民币的发展将逐步实现应用场景的持续拓展，从零售支付到跨境结算、政务服务、供应链金 融等多元场景将不断深化融合。国际化进程将稳步推进，可能会先在周边国家和地区、共建"一带一 路"国家的贸易和投资活动中扩大使用范围，通过与当地金融体系的对接，逐步建立起便捷、高效的跨 境支付通道，并在此基础上探索与更多国家央行数字货币的互联互通机制，走循序渐进、务实推进的国 际化路径。此外，数字人民币还将持续优化技术架构与安全体系，健全 ...

传统跨境支付面临成本高、效率低、透明度低和接入范围受限等痛点。为破解这一痛点，数字人民币跨 境数字支付平台"数币达"已经上线，该平台立足于支持人民币国际化与跨境使用，探索利用央行数字货 币解决问题，打造安全、高效、包容的全球支付网络，为央行数字货币跨境支付合作提供"中国方案"， 形成"无损、互通、合规"的跨境支付新生态。 数字人民币区块链服务平台瞄准区块链发展过程中的痛点问题——链上支付，定位于为各场景和行业类 区块链提供标准化的跨链交易信息转接、链上数字人民币支付服务。 数字资产平台是面向合规数字资产业务的区块链金融基础设施，可支持在链上发行、登记、托管和交易 合规数字资产，如债券、票据、应收账款电子凭证、碳排放权等，并联动区块链服务平台，探索在遵循 现行监管框架下，构建高效、安全、合规的链上数字资产体系。 数字人民币国际运营中心近日正式运营，并推出数字人民币跨境数字支付平台、数字人民币区块链服务 平台及数字资产平台三大业务平台。三大平台将发挥怎样的作用？对推动数字人民币发展有何意义？ "数字人民币国际运营中心的运营是中国金融开放与数字货币创新的关键里程碑，也是人民币国际化进 程中的重要突破。"清华大学国家 ...

证券研究报告 | 行业点评 gszqdatemark 2025 09 28 年 月 日 计算机 数币迎重大落地事件，政策暖意初现 数币进入全球落地阶段，国际运营中心正式运营。9 月 24 日，数字人民 币国际运营中心业务平台推介会在上海举行，向各相关机构集中宣传介绍 数字人民币跨境数字支付平台、数字人民币区块链服务平台及数字资产平 台功能，标志着数字人民币国际运营中心正式运营。数币运营中心的成立 标志着中国从数字货币技术试点（如国内零售场景）转向全球化金融基础 设施输出。 中心同步推出三大平台，构建跨境金融基础设施体系。1.跨境数字支付平 台：解决传统跨境支付效率低、成本高等痛点，支持法定数字货币的跨境 应用。2.区块链服务平台：提供标准化跨链交易信息转接及链上支付服务， 促进多场景区块链互联互通。3.数字资产平台：为金融级数字资产提供标 准化服务，支持现有金融基础设施向链上拓展。 美联储降息，全球流动性有望迎来拐点。9 月 18 日凌晨，美联储宣布将 联邦基金利率下调 25 个基点至 4.00%-4.25%，这是 2025 年以来首次降 息，符合市场普遍预期。点阵图显示，美联储官员中位预期年内还将再降 两次 ...

Core Viewpoint - The establishment of the Digital Renminbi International Operation Center in Shanghai marks a significant step towards the internationalization of the digital renminbi, facilitating cross-border payment and blockchain services, and enhancing the global influence of the renminbi [5][6][10]. Group 1: Digital Renminbi Platforms - The Digital Renminbi International Operation Center has developed three main platforms: a cross-border digital payment platform, a blockchain service platform, and a digital asset platform, aimed at addressing traditional cross-border payment challenges and enhancing transaction efficiency [7][8]. - The blockchain service platform and digital asset platform are built on the same blockchain infrastructure, allowing for integrated operations and improved regulatory compliance [4][8]. Group 2: Internationalization of Renminbi - The operation of the Digital Renminbi International Operation Center signifies a shift from domestic trials to international applications, enhancing the renminbi's role in global trade and investment [6][10]. - The center aims to create new opportunities for the renminbi in international transactions, particularly in countries involved in the Belt and Road Initiative, thereby increasing China's influence in the global monetary system [6][10]. Group 3: Shanghai as a Financial Hub - Shanghai was chosen for the Digital Renminbi International Operation Center due to its comprehensive financial market, high degree of openness, and established financial technology ecosystem, positioning it as a key node in the global financial network [9][10]. - The center's operation is expected to significantly enhance Shanghai's international financial status, potentially generating over 100 billion yuan in added value to the digital finance industry by 2030 [10].