Wang Yi unveils China’s practical steps to implement global governance initiative

This is a diplomatic signal rather than a market event, but it matters for how China positions itself in multilateral rule-making at a time when digital-asset and RWA standards are increasingly set through international bodies. The emphasis on UN legitimacy and the Security Council seat frames Beijing's governance push as continuity, not revision — a distinction that shapes how counterparties read Chinese engagement in global standard-setting. Whether this translates into concrete participation in cross-border regulatory forums is the open question worth watching.