According to a report by Mobile Payment Network, the Office of the Standing Committee of the Shanghai Municipal People's Congress has issued a notice stating that the 17th meeting of the 16th Standing Committee of the Shanghai Municipal People's Congress has reviewed the "Several Provisions on Promoting the Use of Blockchain to Empower Electronic Document Applications in Pudong New Area (Draft) in Shanghai". In order to further promote legislative democracy, the draft regulations and related explanations are now released for public consultation, in order to further study and revise them, and then submitted for review at future standing committee meetings. The Regulations on the Application of Electronic Documents support the integration of digital RMB systems into blockchain infrastructure, promoting the use of digital RMB in electronic document storage, valuation, payment, settlement, investment and financing applications.  @gyoju