PBOC pledges steady digital yuan growth in its 2026-2030 plan

The People’s Bank of China (PBOC) said it will “steadily develop” the digital yuan over the next five years.

The e-CNY is now listed as one of the central bank’s core tasks in a recently published reform blueprint.

What provisions has China made for the development of its digital yuan?

The People’s Bank of China (PBOC) has published what it calls its “15th Five-Year” reform and development plan alongside nine separate action plans covering narrower policy areas. Monetary policy, macroprudential supervision, financing for the real economy, and higher-level opening of China’s financial system all get their own sections in these plans.

The digital yuan appears under the fifth priority, which deals with financial infrastructure and central bank services. The PBOC says it wants to improve payment systems, help the credit-reporting industry, and strengthen anti-money-laundering rules.

A separate section of the plan leans harder on the international angle. There the PBOC commits to widening the use of the renminbi in trade and investment, building out a cross-border payment network, and developing offshore RMB markets, while strengthening Shanghai as an international financial center and reinforcing Hong Kong’s standing.

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