Odaily Planet Daily reports that Pan Gongsheng, Governor of the People's Bank of China, stated today at the 2025 Financial Street Forum Annual Meeting that the digital RMB is a legal tender digital currency issued and regulated by the People's Bank of China, compatible with emerging technologies such as distributed ledgers. After years of steady progress, the digital RMB ecosystem has been initially established. Moving forward, the People's Bank of China will further optimize the digital RMB management system, research and refine its positioning within the monetary hierarchy, and support more commercial banks in operating digital RMB business.