Mu Changchun, director of the Digital Currency Research Institute at the People's Bank of China, emphasized the need to upgrade the measurement framework of the digital RMB. Speaking at the 2025 Inclusion·Bund Conference, Mu highlighted that aligning the money supply with economic growth and price expectations is crucial. He also noted that enhancing commercial banks' and users' enthusiasm is essential. Mu suggested that business and technical features like currency strings and global unified ledgers could improve monetary services for the real economy.