Experts call for green finance boost--China Economic Net
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Pioneer of China s socialist modernization eyes tech breakthroughs, financial opening
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SOURCE / ECONOMY
By Tao Mingyang Published: Apr 01, 2021 09:09 PM
A vending machine in a Shanghai underground station allows customers to pay by digital yuan. Photo: Xie Jun/GTChina s central bank and the Hong Kong Monetary Authority (HKMA) have cooperated to conduct technical tests on the cross-border use of the digital yuan, an official said on Thursday, a further step in China s wider push of the use of the digital currency.
The trial was a normal test for the digital yuan and more will be conducted in the future, Wang Xin, director of Research Bureau of the People s Bank of China (PBC) said at a press conference in Beijing on Thursday.