cross-border scenarios of digital rmb: a new convergence point between financial technology and international exchanges

2024-09-14

한어Русский языкEnglishFrançaisIndonesianSanskrit日本語DeutschPortuguêsΕλληνικάespañolItalianoSuomalainenLatina

the chinese government attaches great importance to the promotion and application of digital rmb. after 6 years of research and development and 4 years of pilot projects, digital rmb has achieved initial success, with a cumulative transaction amount of 7 trillion yuan. this means that the feasibility and reliability of digital rmb have been basically verified in theory, business and technology. among them, the application of digital rmb in cross-border scenarios is the most eye-catching. it not only represents a new payment model, but also symbolizes the integrated development of financial technology and international exchanges.

this year's china international fair for trade in services (ciftis) officially kicked off, with the digital rmb becoming one of the highlights of the financial exhibition. a number of financial institutions and financial technology companies made their debut together, showcasing the latest application scenarios of the digital rmb in the public, cross-border and people's livelihood fields.

expansion of cross-border transaction scenarios: opportunities and challenges coexist

the application of digital rmb in cross-border transaction scenarios will break the barriers of traditional payment models and bring new possibilities for international trade. for example, multinational companies can use digital rmb to make more convenient payments, save time and costs, and achieve more efficient international trade.

at the same time, the expansion of cross-border scenarios for digital rmb also faces new challenges. the laws, regulations, security guarantees and regulatory systems involved in cross-border transactions need to be continuously improved to truly bring into play the value of digital rmb in cross-border scenarios.

looking ahead: further development of the digital rmb

in the future, with the advancement of artificial intelligence technology and the continuous improvement of digital rmb, digital rmb will play an increasingly important role in international trade. it will provide a more convenient and efficient payment method for global trade and promote international exchanges and cooperation.