


TechFlame News, December 24 — According to Jinshi Data, the People's Bank of China and seven other departments have issued the "Opinions on Financial Support to Accelerate the Construction of the New Western Land-Sea Corridor." The document proposes exploring international cooperation in digital finance. It supports provinces (regions, cities) along the corridor to participate in the multilateral central bank digital currency bridge project, promoting the use of central bank digital currencies for cross-border payments with countries and regions such as Thailand, Hong Kong, the United Arab Emirates, and Saudi Arabia. It also supports exploring and advancing cross-border digital yuan payment pilots between mainland China and Singapore. Additionally, it encourages eligible provinces (regions, cities) along the corridor to establish digital service platforms for cross-border e-commerce, connecting with e-commerce and trade digital platform companies in countries like Singapore to enhance cross-border e-commerce service capabilities.