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Ukraine Minister Says First Digital Currency Pilot Could Focus on Staff Salary Payments
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Beijing Subway Begins to Accept Digital Yuan
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Chinese employees can now be paid in the country s central bank digital currency (CBDC) in the Xiong’an New Area.
What Happened: According to a report published Saturday on the official website of the Xiong’an New Area, the People’s Banck of China already completed the country s first wage payouts in its CBDC.
This effort was a joint effort by the Shijiazhuang-based central bank branch, the Bank of China Hebei Xiong’an branch, and the National Development and Reform Commission.
The CBDC transactions were carried out through a blockchain-based payment platform, paying employees working on the spring afforestation efforts in Xiong’an.
China s central SOEs actively contribute to Xiong an New Area construction--China Economic Net
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2021-05-15 13:10:28 GMT2021-05-15 21:10:28(Beijing Time) Xinhua English
BEIJING, May 15 (Xinhua) China s centrally-administered state-owned enterprises (SOEs) are actively taking part in the construction of the Xiong an New Area and have set up more than 100 subsidiaries and branches in the region, according to the country s state assets regulator.
These subsidiaries and branches have entered sectors including infrastructure construction, frontier information technologies, advanced biological technologies, modern service, energy and new materials, said the State-owned Assets Supervision and Administration Commission (SASAC) of the State Council.
For the next stage, the central SOEs will make the most of their specialties in areas such as energy, electricity, communications and rail transportation to increase input in the construction of infrastructure and key projects in Xiong an, according to the SASAC.