PANews March 29 news, according to the WeChat account of the Chinese Party and Government Cadre Forum, Professor Chen Jianqi, Vice President of the International Strategic Research Institute of the Central Party School (National Academy of Governance), pointed out that in the wave of digital technology reshaping the financial system, cryptocurrency has evolved from a marginal innovation to a key area of great power strategic competition. The rapid development of cryptocurrency currently provides a new opportunity for the restructuring of the international monetary system. Against the backdrop of the accelerated evolution of the global cryptocurrency landscape, China is implementing a dual-drive development strategy for cryptocurrency, relying on Hong Kong's international financial center to carry out stablecoin pilot projects and connect with the international ecosystem on one hand, and achieving independent innovation through digital RMB on the other.