Beijing has become a new highland for financial reform, maintaining its position as the world's top financial technology center for three consecutive years. The overall development in 2021 was favorable. Beijing took the lead in conducting innovative pilot projects for fintech regulation and innovation in China. The pilot work for the digital RMB progressed smoothly, establishing a self-operating mechanism for the digital currency. The first national-level fintech demonstration zone was also established, gathering top think tanks and leading enterprises.
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