Fintech Beat cover image

China's Mu Changchun on the digital yuan

Fintech Beat

CHAPTER

The Drivers of the Central Bank Payment System in China

A. Bou the actually this question is related to the drivers about the dapm of cn y. Firstly, te the reason of the drivers between the the seny istu, firstly, to improve the financial inclusion. Secondly, is to improve the efficiency of the central bank payment system with lighder access and stronger capacity. And thirdly, to provide a backup or redundancy for the retail payment system. The easenwie system will make financial services more accessible, providing fair currency for a large population in various cenarios.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner