Odaily Planet Daily News Economic Daily published an article titled "Accelerating the Application of Digital RMB and International Cooperation". The article pointed out that the Seventh Meeting of the 19th Central Financial and Economic Commission emphasized the need to "actively participate in the formulation of international rules such as digital currency and digital tax to create new competitive advantages". In recent years, the cross-border scenarios of the digital RMB pilot have become more diversified, and the coverage has continued to expand, bringing more convenience to residents and enterprises at home and abroad. Accelerating the layout of digital currency applications and international cooperation on digital RMB will help improve the operating efficiency of my country's payment system and financial system through financial technology innovation, better safeguard my country's economic and financial security, and improve my country's financial regulatory strength, economic digital governance strength and international regulatory governance cooperation, and steadily and prudently promote the internationalization of RMB. In the era of globalization, digitalization and networking, China should actively participate in the formulation of international rules and standards in the field of digital currency, strengthen sharing, exchanges and cooperation in research and development and supervision of various digital currencies, actively and steadily promote the promotion of digital RMB at home and abroad, promote the construction of global infrastructure related to digital currency, and continue to promote economic globalization in a more open, inclusive, inclusive, balanced and win-win direction. To this end, on the one hand, the issuance and application of digital RMB should continue to be steadily promoted in the country, the subjects, fields and scope of using digital RMB should be expanded in an orderly manner, and the construction of scenarios and application innovation should be promoted in a solid manner, so as to master the dominance and discourse power of legal digital currency and ensure my country's first-mover advantage and comparative advantage in the field of digital currency. At the same time, on the basis of adhering to scientific and technological innovation, we should continue to develop digital RMB solutions with more advanced underlying technology, more optimized solution design, more convenient application and more controllable risks, so as to fully reflect and give play to China's scale advantages, efficiency advantages, technological advantages and data advantages as a manufacturing power, a trading power, a financial power, a science and technology and Internet power. On the other hand, we should comprehensively consider and improve the construction of relevant laws and regulations and supporting financial regulatory systems such as monetary policy, financial stability, tax management, anti-money laundering and terrorist financing, consumer and investor protection, and privacy protection, and effectively promote institutional innovation, technological innovation and capacity innovation in financial and monetary supervision, issuance and circulation supervision of digital RMB, and strengthen monitoring and combating financial crimes such as money laundering and underground finance, financial fraud and capital flight.We should also balance and handle the relationship between digital RMB and non-digital RMB, non-sovereign digital currencies, traditional sovereign credit currencies of other countries, and sovereign digital currencies of other countries, and effectively avoid the risk of cross-border transmission of external shocks, currency substitution risks, and currency mismatch risks. At the same time, we should strengthen contact and cooperation with economies that are my country's major economic and trade partners, economies that need to reduce dependence on other major currencies, and economies that need currency diversification in international transaction pricing and settlement and foreign exchange reserves. We should actively and steadily carry out cross-border payment and settlement and international cooperation pilot projects for digital RMB, expand the coverage and application of digital RMB in regional economic trade, investment and financing cooperation, enhance the inertia and stickiness of using digital RMB, study and analyze the reserve demand of trading partners for digital RMB, and better consider helping to promote digital RMB in the construction of RMB cross-border payment system and RMB cross-border payment and collection information management system. Further study and improve the application of multilateral central bank digital currency bridge solutions in cross-border fund allocation, international trade settlement and foreign exchange transactions, and solve the current problems of low security, low transparency, low efficiency and high cost in several mainstream modes of cross-border payment and settlement.