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Beijing and Shanghai also participate in digital renminbi (CBDC) experiment

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While the Chinese government is making various efforts to issue digital currency (CBDC), China's largest cities, Beijing and Shanghai, are also planning to...
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All kinds of digital currencies compete for digital renminbi

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Editor's note: The progress of the digital RMB pilot program is highly anticipated. It has been six years since the People's Bank of China...

How does the public view the digital renminbi? We received 526 responses

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Nearly 30% of respondents believe that digital renminbi is "another form of Alipay and WeChat payment." Original title: "526 Questionnaires: How much does the...

China: Will the digital Renminbi replace WeChat Pay, Alipay anytime soon?

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“But, we have a question to discuss. Can it replace Alipay, WeChat Pay, and bank cards as the main electronic payment tool?”That was...
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Wang Yongli, Former Vice President of Bank of China: Is the digital renminbi comparable...

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Wang Yongli, Former Vice President of Bank of China: Is the digital renminbi comparable to Alipay? After the digital renminbi enters the actual testing...