2021-04-26 02:45:08 GMT2021-04-26 10:45:08(Beijing Time) Xinhua English
A manned autopilot aircraft is exhibited at the digital achievements exhibition during the fourth Digital China Summit in Fuzhou, southeast China's Fujian Province, April 25, 2021. (Xinhua/Wei Peiquan)
FUZHOU, April 25 (Xinhua) In addition to using cash and digital payment platforms such as Alipay and WeChat Pay, participants in the fourth Digital China Summit have another payment option: the digital renminbi (RMB), if they want to buy bottled water or snacks at the meeting venue.
After downloading a mobile app and depositing RMB, the money automatically changes into its digital form. The payment process is as simple as scanning a QR code on the app, similar to that of digital wallets, and transactions take place in real time. China has launched pilots of the digital currency in a number of cities.
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