Shaanxi Issues First Digital RMB Innovation Bond
Shaanxi Province has issued its first digital RMB science and technology innovation bond, valued at 300 million yuan. The bond, facilitated by China Merchants Bank Xi’an Branch under the guidance of the Shaanxi Branch of the People’s Bank of China, marks a significant step in the application of digital RMB in direct financing. This initiative is expected to enhance the digital RMB ecosystem and foster business innovation within Shaanxi’s financial market.
