Director Mu Changchun of the Institute of Digital Currency Research of the Central Bank: The measurement framework of digital renminbi should be upgraded.

On September 13, Mu Changchun, director of the Digital Currency Research Institute of the People's Bank of China, said at the 2025 InclusionBund Summit forum on "New Applications of Financial Technology and Innovative Development of Central Bank Digital Currency" that in order to ensure that the money supply is in line with economic growth and price expectations, and to enhance the enthusiasm of commercial banks and users, the measurement framework of the digital RMB should be upgraded. At the same time, through business technical features such as currency chains and a unified global ledger, better monetary services should be provided for the development of the real economy.