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Digital yuan gets trials in Shanghai as use extends to more areas--China Economic Net

China s Digital Currency Electronic Payment, also known as digital yuan, is expanding usage in more cities.

China s central bank will increase the scale of the pilot projects of its digital currency in more scenarios and more cities, said Li Bo, a deputy governor of the People s Bank of China, at the Boao Forum for Asia held in South China s Hainan Province on Sunday.

Currently, there s no plan to launch the digital yuan nationwide. But the scale of the trial run will be increased, Li said.

For example, the trial of the digital currency at the 2022 Beijing Winter Olympics will not only be conducted among domestic users but also among international athletes, Li added. ....

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Digital yuan gets trials in Shanghai as use extends to more areas

SOURCE / ECONOMY
By Qi Xijia Published: Apr 18, 2021 07:58 PM
A vegetable store supports digital yuan payment in Shanghai. Photo: Qi Xijia/GT
China s Digital Currency Electronic Payment, also known as digital yuan, is expanding usage in more cities.
China s central bank will increase the scale of the pilot projects of its digital currency in more scenarios and more cities, said Li Bo, a deputy governor of the People s Bank of China, at the Boao Forum for Asia held in South China s Hainan Province on Sunday.
Currently, there s no plan to launch the digital yuan nationwide. But the scale of the trial run will be increased, Li said. ....

Hainan Province , Zhou Xiaochuan , Li Bo , People Bank , Boao Forum For Asia , Digital Currency Electronic Payment , Boao Forum , South China , Winter Olympics , Zhonghuan Garden , Global Times , Guangdong Province , ஹைனன் மாகாணம் , லி போ , மக்கள் வங்கி , டிஜிட்டல் நாணய மின்னணு கட்டணம் , தெற்கு சீனா , குளிர்காலம் ஒலிம்பிக்ஸ் , உலகளாவிய முறை , குவாங்டாங் மாகாணம் ,