Zhou Xiaochuan: Cross-border digital renminbi use ranks internationally renminbi.

2021-4-21 11:39
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According to the Jinshi report, Zhou Xiaochuan said that the share of the renminbi is gradually increasing, and the digital renminbi will naturally increase. It is not based on digital development, but mainly on the renminbi. After the yuan, there is the exchange rate and the security of the Chinese economy, financial system and currency value. It is a gradual process. At the same time, this is not decided by industry participants, but by himself. We need to improve the reputation of our infrastructure, including RMB and cross-border payments.

Next:
Zhou Xiaochuan: RMB Digital will not cause any shock or damage to the global financial system.
Regarding the digital yuan, Zhou Xiaochuan said, according to a report by the Financial Associated Press, that the current digital yuan is used for micro and retail purposes, promoting cooperation, cross-border trade, travel and the meetings. "There are voices in the world right now who believe that the digital yuan will disrupt and ruin the global economy, but in reality it is not very big."
2021-4-21 11:12