PBOC’s Lu Lei: China to Upgrade Financial Statistics, Payment and Cash Systems in 15th Five-Year Plan

This is a structural signal rather than a market event: the central bank is flagging that its statistical, payment and cash plumbing is due for an upgrade, which matters most for institutions whose operations depend on how data is reported and how money moves. For RWA and tokenization watchers, the relevant question is whether improved financial statistics and payment systems eventually accommodate new asset and settlement rails, or simply tighten reporting on existing ones. Lu gave no specifics, so the open question is what concrete measures follow the stated intent.