*The governor of the central bank of China, Pan Gongsheng, has promised to expand the presence of the digital yuan, reaffirming the country's vision regarding its central bank digital currency (CBDC).*

*China is establishing an international operations center in Shanghai for the digital yuan, also known as e-CNY. Pan made these statements during the Lujiazui Forum, a professional forum that brings together financial regulators and high-level executives from both national and international backgrounds.*