Trying out digital currency at China’s consumer products expo

CGTN published this video item, entitled “Trying out digital currency at China’s consumer products expo” – below is their description.

For more:

https://news.cgtn.com/news/2021-05-09/Trying-out-digital-currency-at-Hainan-Expo-107yhl4OOVq/index.html

China has moved quickly in digital currency electronic payment, piloting the new money in several major cities and provinces since last year.

Compared with the widely used WeChat Pay and Alipay, China’s digital yuan is issued by the People’s Bank of China, the central bank, and allows the government to have greater visibility in real-time transactions.

CGTN reporter Wang Tianyu tried out digital currency electronic payment at the China International Consumer Products Expo in south China’s Haikou City. Here’s what it looks like.

Read more: Explainer: How is China’s digital currency different from other e-payments?

CGTN YouTube Channel

Got a comment? Leave your thoughts in the comments section, below. Please note comments are moderated before publication.

Leave a Comment