Under the guidance of the People's Bank of China Shanghai Headquarters, Bank of China Shanghai Branch successfully completed the first cross-border digital RMB capital transaction between China and Singapore. This marks an important step for digital RMB in the international payment field. 🌍

In addition, Bank of China Shanghai Branch also collaborated with the Shanghai Gold Exchange to complete a cross-border settlement of precious metal transactions worth 100 million yuan using digital RMB. This initiative brings new payment solutions to the financial market. 💰

In the bulk commodity sector, Bank of China achieved a new breakthrough in cross-border payments by using digital RMB to pay Baowu Steel Group for imported iron ore. ⛏️

During the 7th China International Import Expo, Bank of China partnered with Shanghai Public Transport Card Co., Ltd. to launch the 'Smart Travel Card', further expanding the application scenarios of digital RMB. 🚍