English Translation

Golden Finance reports that the Beijing Municipal Committee has issued an implementation opinion on the implementation of the "Decision of the Central Committee of the Communist Party of China on Further Deepening Comprehensive Reform and Promoting Chinese-style Modernization." The opinion states that it will promote the construction of national blockchain hub nodes in Beijing, improve the efficiency of computing infrastructure, and build a first-class information infrastructure system with a focus on blockchain and other technologies. It will strive to expand the application scope of digital RMB and support eligible foreign institutions to participate in financial business pilot programs.

Key points:

• Blockchain hub nodes: Beijing aims to become a leading hub for blockchain technology in China.
• Computing infrastructure: The city will invest in upgrading its computing infrastructure to support blockchain development.
• Digital RMB: Beijing will promote the use of digital RMB within its borders.
• Foreign investment: Beijing will encourage foreign institutions to participate in financial business pilot programs.

This indicates Beijing's commitment to promoting blockchain technology, strengthening its digital infrastructure, and fostering innovation in the financial sector.