Thursday, April 15, 2021
Tags Digital currency electronic payments

Tag: Digital currency electronic payments

Shanghai Tongren Hospital Trials Use of China’s First Digital Renminbi “Smart Card”

A leading hospital in Shanghai has seen the launch of a new "smart card" that serves as a physical vessel for the...

Zhou Xiaochuan Highlights Differences Between Digital Renminbi and G7 Central Bank Digital Currencies

Zhou Xiaochuan, the former chair of the People's Bank of China (PBOC), said that the digital currency/ electronic payments (DC/EP) system currently...

Digital Renminbi Will Enable Precision Control of Money Supply: Ex-Bank of China Head

Li Lihui (李礼辉), former head of the Bank of China and current head of blockchain research at China's National Internet Finance Association,...

Shenzhen Lottery Winners Use Digital Renminbi to Pump Fuel, Pay for Meals

The winners of a recent digital renminbi lottery held in the southern tech hub of Shenzhen have used some of their proceeds...

Chinese Central Bank Digital Currency Seen Driving Cross-border Payments, Renminbi Internationalisation

Chinese experts see the central bank digital currency (CBDC) as a vital means of facilitating cross-border transactions and expediting the internationalisation of...

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Chinese CPI Bounces Back into Positive Territory in March

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Renminbi Lending Increases USD$1.17 Trillion in First Quarter of 2021

Chinese banks extended over USD$1.1 trillion in new loans in the first quarter of 2021 according to the latest data from the...