The People's Bank of China (PBOC) has announced its support for provinces and municipalities along the Western Land-Sea New Corridor to engage in multilateral central bank digital currency (CBDC) bridge projects. This initiative aims to enhance the use of CBDCs in cross-border payments, as part of a broader strategy to foster high-level financial opening-up in China's central and western regions. During a press conference, Wang Xin, Director of the PBOC's Research Bureau, highlighted the "Opinions on Financial Support for Accelerating the Construction of the Western Land-Sea New Corridor." The document emphasizes the importance of digital and green finance in international cooperation, encouraging collaboration through the China-Singapore Green Finance Working Group on green finance standards and products.