Zhao Zhongxiu, president of China University of International Economics and Trade, has proposed a strategic framework for stablecoins within China's free trade zones. Announced on December 21, the plan includes establishing a cross-border fintech lab, creating a stablecoin 'white list,' and promoting offshore RMB stablecoin innovation. The proposal emphasizes the importance of robust blockchain infrastructure and prioritizes risk control as a central element. This initiative underscores blockchain innovation as a crucial component of China's financial development strategy.