The deputy governor of People’s Bank of China (PBoC) CHEN Yulu wrote an article, which was published by ‘China Finance,’ stressing the importance of expediting the R&D of central bank digital currency (CBDC) , starting pilots and ensuring payment security. In addition, it’s essential to develop a regulated credit market and rating system, promote innovative researches in the filed of Fintech and its application in financial infrastructures, broaden the coverage of financial infrastructures and enhance the efficiency of operation and supervision.