Central Bank: Pilot programs for digital renminbi have been launched in some areas of 17 provinces

ChainCatcher news, according to CCTV news, as of now, the People's Bank of China has launched digital yuan pilot programs in some areas of 17 provinces. In 2022, the pilot areas conducted nearly 30 digital yuan consumption red envelope activities around themes such as "promoting consumption" and "low-carbon travel."

The People's Bank of China stated that it will continue to carry out innovative applications of the digital yuan in the future, achieving interoperability between the digital yuan system and traditional electronic payment tools, allowing consumers to "scan with one code," and enabling merchants to support various payment tools without significantly increasing costs. (source link)