PANews reported on December 30 that the International Air Transport Association (IATA) announced that the trial run of the digital RMB in China's BSP was successfully completed, marking that China's BSP can support two-way transactions of digital RMB between airlines and agents. This key milestone makes China the first IATA settlement market to support central bank digital currency and sets a benchmark for the application of central bank digital currency in IATA's aviation industry settlement system.