Ministry of Commerce: pilot project of digital RMB in Beijing, Tianjin and Hebei

The Ministry of Commerce issued a notice on printing and distributing the overall scheme for comprehensively deepening the innovative development of service trade. In the part of “comprehensively deepening the pilot tasks, specific measures and division of responsibilities for the innovation and development of service trade”, it is proposed that the pilot project of digital RMB should be carried out in Beijing Tianjin Hebei, Yangtze River Delta, Guangdong Hong Kong Macao Bay area and qualified pilot areas in central and Western China. The people’s Bank of China formulates policy and safeguard measures; first, Shenzhen, Chengdu, Suzhou, xiong’an new area and other places and relevant departments of the future Winter Olympics scene will assist in promoting, and then expand to other areas as appropriate.