PANews reported on April 2 that the People's Bank of China announced the addition of CITIC Bank, China Everbright Bank, Huaxia Bank, China Minsheng Bank, Guangfa Bank, Shanghai Pudong Development Bank, Zhejiang Commercial Bank, Ningbo Bank, Jiangsu Bank, Bank of Beijing, Bank of Nanjing, and Bank of Suzhou as operating institutions for digital RMB business, and they will be connected to the central bank's digital RMB system. The newly added institutions will commence digital RMB business after completing business and technical preparations.