[Action Plan for Digital Renminbi by the People's Bank of China to Launch in 2026]
The People's Bank of China has issued the 'Action Plan for Further Strengthening the Management Service System of Digital Renminbi and the Construction of Related Financial Infrastructure.' The new generation digital renminbi measurement framework, management system, operational mechanism, and ecosystem will be officially implemented on January 1, 2026.
As of the end of November 2025, the digital renminbi has processed a total of 3.48 billion transactions, with a transaction amount of 16.7 trillion yuan. A total of 230 million personal wallets and 18.84 million corporate wallets have been opened. The multilateral central bank digital currency bridge has processed 4,047 cross-border payments, with a transaction amount equivalent to 387.2 billion yuan, of which digital renminbi transactions accounted for approximately 95.3%.