Daily Times
June 18, 2021
Beijing has launched a digital yuan test programme, allowing consumers to spend the digital currency at multiple merchants in the city.
The Bank of Communications has unveiled its digital renminbi (RMB) trial event at Beijing Happy Valley. Staff members introduced some information to visitors and then instructed them to download the digital RMB app, open the digital RMB wallet, and make their first digital RMB purchases at the amusement park. Last month, at the first China International Consumer Products Expo held in Hainan province, many banks launched trial zones to let visitors experience multiple usage scenarios involving the digital RMB. The Chinese government has already carried out multiple e-yuan giveaways as part of its digital currency tests and plans to expand the pilot program in the future.