China: WeiyangX Fintech Review
Police in Changsha Receive Salaries in the Form of Digital RMB
At present, digital RMB pilots have been conducted in various applications across China. On May 8
th, employers at the Kaifu branch of Changsha Municipal Public Security Bureau received their salaries in the form of digital RMB. This is the first time that digital RMB has been used for salary payment in the government agencies of Changsha. In fact, from January 2021, Chinese tech giant JD has already started to conduct a digital RMB salary payment pilot. JD employers based in Shanghai, Shenzhen, Chengdu, Changsha, and Xi’an joined the first batch to experience the innovative payment mechanism. (