Tip: Chinese digital currency can only make cross-border payments until capital is opened

According to a report released on August 20, Xu Qiyuan, a researcher at the Institute of Economic and Social Affairs of the Chinese Academy of Social Sciences, believes that the benefits of digital technology have not yet been linked to financial exchanges to boost trade. international yuan. In addition to advanced technology in the simplest understanding. In the long run, although the growth of digital currency by our country's central bank may stimulate international yuan trade, the main restriction is not technology, but the fact that the investment will not change at all. It is only when investment is open that China's digital advantages can complement cross-border payments.