The People's Bank of China added Ping An Bank, Hang Fung Bank, Bohai Bank, Bank of Shanghai, Bank of Hangzhou, Bank of Huishang, Bank of Changsha, and Guangxi Beibu Gulf Bank as bank-type digital yuan business operators and connected to the central bank's digital yuan system. The new institutions will launch the digital yuan business after completing business and technical preparations. Currently, the number of digital yuan business operators has been expanded to 30. In the next step, the People's Bank of China will promote the expansion of operating institutions in an orderly manner in accordance with the principles of marketization and rule of law, further stimulate the enthusiasm and creativity of market players, and build an open, inclusive, and fair competitive digital yuan development environment.

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