Strategic Implementation Significance of the Digital Renminbi (e-CNY)

DOI: https://doi.org/10.62517/jse.202511406

Author(s)

Xi Liu

Affiliation(s)

Service Assurance Center of the Chinese People’s Liberation Army General Hospital, Beijing, China

Abstract

Amid the flourishing landscape of network technologies and digital economy, the contemporary world is ushering into an era delineated by digital economy, wherein the emergence and burgeoning utility scope of digital currency duly epitomize an inexorable historical progression towards digitization for humanity. Consequently, the digital currency framework stands as the third revolutionary evolution in the domain of monetary systems following commodity currency and credit currency frameworks. The advocacy for the implementation of digital Renminbi (e-CNY) has unequivocally transcended into a pivotal national strategic initiative within the realm of Chinese finance, bearing substantial significance and profound research value.

Keywords

Monetary Systems; Finance; National Strategy; Circulation

References

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