Zhou Xiaochuan talks about digital RMB to clarify three misunderstandings
Source: Golden Finance and Economics on May 22, 2021 Tsinghua Wudaokou Global Financial Forum opened in Beijing. With the theme of “new pattern, new development and new finance”, this forum will discuss how finance can provide powerful and effective support for building new development pattern under the influence of COVID-19. At the forum, Zhou Xiaochuan, President of China Society of Finance and honorary Dean of Wudaokou School of finance, Tsinghua University, said: “the development of China’s digital currency program (DCEP) is mainly based on the modernization of domestic payment system, keeping up with the pace of digital economy and Internet era, improving efficiency and reducing costs, especially for retail payment system, The purpose and direction of the original design did not want to replace the US dollar as a reserve currency and an international payment currency. ” To clarify the three misunderstandings, there is a view that digital people

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