Key Highlights:
- e-CNY pilot expanded to new urban regions
- Wider usage in retail, transport, and public services
- Enhanced payment efficiency and lower transaction costs
- Support for SMEs and digital trade integration
- Continued testing of cross-border settlement features
China has expanded its digital yuan (e-CNY) pilot program to additional cities, marking another step forward in the country’s financial innovation strategy.
The expansion allows more businesses and consumers to use the central bank digital currency for retail payments, public transport, government services, and cross-border trade trials.
The digital yuan, issued by the People’s Bank of China, has already been tested in major economic hubs, including Shanghai, Shenzhen, and Beijing.
With the latest expansion, authorities aim to deepen adoption across regional commercial centers and improve integration with smart city infrastructure.
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