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China to expand tests of digital yuan in Beijing, Shanghai and Shenzhen -- Society s Child -- Sott net

© AFP / Hector Retamal FILE PHOTO: The financial district of Lujiazui in Shanghai China is expanding trials of its sovereign digital currency in the capital Beijing, the nation s most populous city of Shanghai and leading tech hub Shenzhen this year. The announcements were made over the weekend by the governors of the cities, Chinese media reported. Beijing Mayor Chen Jining told the local government that the capital wants to build innovative demonstration zones for fintech and professional services this year and will promote the pilot program for the digital yuan. A similar pledge was made in a work report by Shanghai Mayor Gong Zheng.

Beijing sets sights on science

Beijing sets sights on science By ZHANG ZHIHAO | CHINA DAILY | Updated: 2021-01-26 07:31 Share CLOSE China is emerging as an international center for education and research, with Beijing set to become one of the world s leading hubs for frontier scientific research by 2035, officials and experts said. The capital will devote more planning and resources to cutting-edge fields including quantum information technology, artificial intelligence, health sciences and integrated circuit manufacturing, Chen Jining, mayor of Beijing, said in a government report on Saturday. This year, the capital plans to build 6,000 more 5G stations, a trusted digital infrastructure network based on blockchain technology and new service platforms for artificial intelligence, he added.

Beijing sets sights on science--China Economic Net

China is emerging as an international center for education and research, with Beijing set to become one of the world s leading hubs for frontier scientific research by 2035, officials and experts said. The capital will devote more planning and resources to cutting-edge fields including quantum information technology, artificial intelligence, health sciences and integrated circuit manufacturing, Chen Jining, mayor of Beijing, said in a government report on Saturday. This year, the capital plans to build 6,000 more 5G stations, a trusted digital infrastructure network based on blockchain technology and new service platforms for artificial intelligence, he added. Beijing will also step up efforts to attract quality talent from around the globe, and create international-style communities, schools and hospitals to foster a more welcoming academic and living environment for foreign talent, Chen said.

Major Chinese cities plan large-scale tests of digital currency in 2021

1 2021-01-25 09:35:11Global Times Editor : Li Yan ECNS App Download Residents who received red packets of digital RMB use the money in stores in Shenzhen, Guangdong Province, on Wednesday. The city launched a pilot program to distribute 10m yuan ($1.49m) in the form of digital currency to residents on Monday. (Photo:Li Hao/GT) Several Chinese cities are planning to support trials of China s sovereign digital currency - Digital Currency Electronic Payment (DCEP) - in their tone-setting government work plans for 2021, which observers said would mark a positive start for a year that could pave the way for the currency s official launch.

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