Tag: #Digital Yuan

China’s digital yuan expands from consumer payments to business scenarios

Zhao Juecheng and Zhang Hongpei May 03, 2021

China’s digital yuan expands from consumer payments to business scenarios

The application of China's Digital Currency Electronic Payment (DC/EP), also known as digital yuan, which has already been on a fast development track since last year, is taking another critical step forward with new scenarios in the business-to-business segment and wage payments. JD.com Inc, the country's second-largest online...More

Key speaker at Shenzhen SEZ’s 40th anniversary signals greater development of digital yuan

Left Review Online October 18, 2020

Key speaker at Shenzhen SEZ’s 40th anniversary signals greater development of digital yuan

China held a grand gathering to mark the 40th anniversary of the Shenzhen Special Economic Zone, known as "Silicon Valley of China" on Wednesday, when an advocate of digital currency made a speech as the second guest, sending a strong signal that the city will further promote the...More