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Hannah Collymore

PBOC outlines 2026 plan to expand digital yuan and cross-border RMB infrastructure after Laos pilot

On January 5–6, 2026, the People's Bank of China set out a work plan to steadily advance the digital yuan and upgrade infrastructure for cross-border RMB use. The central bank aims to promote e-CNY in trade and investment, broaden international payment system links, and deepen QR code payment cooperation with other countries. It will also maintain a moderately loose monetary stance in 2026, refine Bond Connect and Swap Connect, and tighten oversight of virtual cryptocurrencies and related illicit activities.
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