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German media: the digital euro "learns from" the digital renminbi

Date:2021-09-25  Hits:77

According to a report on the website of the Frankfurter Allgemeine Zeitung in Germany on September 15, the description of the Chinese participants was impressive: If you are shopping in China now, you no longer have to carry your wallet, or even your credit card-just bring your smartphone.

Shen Jianguang, chief economist of JD Digital Technology, said that China’s ability to get out of the COVID-19 crisis so quickly and once again demonstrated an impressive growth rate ahead of most countries in the world is due in part to the extraordinary capabilities of mobile phones. possibility. He said: "Shopping using smartphones will not be affected by the quarantine measures-therefore, the Chinese people's open attitude to all digital things has been particularly powerful during the pandemic to promote the digital process."

According to the report, these differences made a conference on fintech, artificial intelligence and digital currency jointly organized by the Deutsche Bundesbank and the People's Bank of China on Tuesday aroused great interest from the outside world. Jens Weidmann, President of the Deutsche Bundesbank, put the digital euro at the center in his opening speech: Weidmann paid tribute to Chinese guests because China is a leader in central bank digital currency, and Germany and the entire Eurozone I am very interested in communicating with China.

According to reports, in July this year, the European Central Bank decided to study the digital euro project in depth, and it is estimated that it will take about 5 years to complete.

The report pointed out that Chinese participants demonstrated a digital renminbi plan. Related preparations have gone further than the digital euro-since April, China's digital currency has even begun public testing.

(Source: Refer to the original title of the news network: German media: Digital Euro "learning from digital RMB")

 
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