Guohai Securities Bao Youchen: The digital RMB is an important starting point for China to realize the “two-cycle” model.

10月
10
2020-10-10 06:53
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According to the China Securities Journal, Guohai Securities analyst Bao Youchen said research and development of the digital yuan is accelerating faster than market expectations. The digital renminbi is an important starting point for China to realize the new development of the future "double cycle". On the other hand, it will promote the growth of digital commerce, reduce costs, increase business efficiency, and on the other hand, improve the international payment system. The domain is an important factor for the international yuan trade.

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