Guangzhou's 15th Five-Year Plan Recommendations: Accelerate the construction of a strong financial city and expand the application scenarios of digital RMB.

Odaily Planet Daily reports that the Guangzhou Municipal Committee of the Communist Party of China has released its recommendations on formulating the 15th Five-Year Plan for National Economic and Social Development of Guangzhou. The recommendations include accelerating the construction of a strong financial city. This involves building a modern financial service system that is more internationally competitive and commensurate with the core engine function of the Greater Bay Area. The recommendations also include intensifying financial sector reforms, constructing a comprehensive, full-chain technology financial service system, promoting the effective integration of green finance and transitional finance, improving the policy "toolbox" for financial support of micro and small enterprises, building a provincial-level demonstration model for elderly care finance, and expanding the application scenarios of the digital RMB. (Jinshi)