Sunday, January 17, 2021
Tags Chinese digital currency electronic payments system

Tag: Chinese digital currency electronic payments system

China Construction Bank Temporarily Launches Digital Renminbi Wallet

One of China's big six state-owned banks has provided the world with a brief glimpse of what wallets for China's digital renminbi...

State Media Sheds Light on China’s Central Bank Digital Currency

China's state-owned media has shed some light on the expectations of Chinese financial authorities for the functionality and impacts of the country's...

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China’s Biggest Bank Opens up to Applications for Digital Renminbi Wallets in Shenzhen

The Industrial and Commercial Bank of China (ICBC) is making digital renminbi wallets available to consumers in the southern tech hub of...

Chinese Central Bank Outlines Efforts to Improve Execution of Monetary Policy

A senior official from the People's Bank of China (PBOC) has published a paper on its official website outlining current plans to...

Foreign Investors Raise Holdings on China’s Interbank Bond Market by over 1 Trillion Yuan in 2020

The latest data from the Chinese central bank points to a sharp rise in investment by foreign institutional investors on China's interbank...

Shenzhen Finance Sector Sees Total Deposits Exceed 10 Trillion Yuan

Financial institutions based in Shenzhen have just seen their deposit levels rise to record-breaking levels.