Digital RMB operating agencies are expected to expand, with many joint-stock banks and city commercial banks possibly being selected.

According to sources familiar with the matter, the digital RMB business operation institutions are expected to expand, with 12 commercial banks potentially participating and connecting to the central bank's digital RMB system. "We have received relevant notifications and requirements from the relevant departments, and we need to complete system development, integration testing, acceptance testing, production deployment, and customer launch on schedule," confirmed a person from a city commercial bank to reporters. The potential expansion list includes: CITIC Bank, Everbright Bank, Huaxia Bank, Minsheng Bank, GF Bank, SPDB, and Zhejiang Commercial Bank, these 7 nationwide joint-stock banks; Ningbo Bank, Jiangsu Bank, Beijing Bank, Nanjing Bank, and Suzhou Bank, these 5 local city commercial banks.