Central Bank: Improve the adaptability of Financial Service to the real economy, and steadily promote the research, development, and application of digital yuan.

On October 24, the Party Committee of the People's Bank of China held a meeting to convey and study the spirit of the Fourth Plenary Session of the 20th National Congress of the Communist Party. The meeting emphasized the continuous deepening of the supply-side structural reform of finance. It is important to do a good job in the “five major areas” of Financial Technology, green finance, inclusive finance, pension finance, and digital finance, improving the adaptability of financial services to the real economy and supporting key areas and weak links of the national economy. A sound policy framework for Financial Technology should be established to enhance the capacity, intensity, and level of financial support for technological innovation. All types of financial institutions should be promoted to achieve a more reasonable scale, structure, and regional layout. A standardized, transparent, open, vibrant, and resilient financial market system should be built. A safe and efficient financial infrastructure system should be constructed. The research and application of the digital renminbi should be steadily advanced. (Jin10)