The Internet Communications Office opened to solicit comments to encourage financial institutions to explore the use of new payment methods such as digital yuan to carry out cross-border payments
TechFlame
2025-09-13 12:13
TechFlame2025-09-13 12:13
English
According to TechFlame, according to reports from the Internet, in order to promote and regulate the promotion and application of electronic documents, raise the level of digitalization of goods trade and transportation, reduce logistics costs for the whole society, protect the legal rights and interests of those involved in electronic document activities, and safeguard national security and the public interest of society.
According to relevant laws and regulations, the State Internet Information Office, together with relevant departments, drafted the “Provisions on Promoting and Regulating the Application of Electronic Documents (Draft for Comments)”, which are now being publicly solicited for comments. It is mentioned that institutions and enterprises in the fields of trade in goods, logistics, finance, etc. are encouraged to recognize and use electronic documents when carrying out business, raise the level of digitalization of business applications, and promote the improvement of the quality and efficiency of the industry.
Encourage financial institutions to explore the use of new payment methods such as digital yuan to carry out cross-border payments on the premise that they are in compliance with the law and that risks are manageable, and actively and steadily innovate financial products and service models according to the characteristics of electronic documents.