According to CoinMeta, eight departments have proposed measures to deepen the facilitation of cross-border trade and investment, and to steadily advance high-level financial openness. Service industry entities are encouraged to use the RMB for pricing and settlement as a priority. Efforts are being made to enhance the ability of financial institutions to allocate resources both domestically and internationally and to improve their international competitiveness. Services such as cross-border settlement, exchange rate hedging, cross-border financing, and foreign guarantees are being optimized to support enterprises in going global and to increase their participation and influence in the international market. At the same time, efforts continue to improve and promote the use of multilateral central bank digital currency bridges and the “Digital Currency Link” (cbets) cross-border settlement comprehensive service platform, to benefit service industry enterprises expanding overseas.