Ouhai District has actively promoted major banking institutions to promote the layout of digital renminbi business, strengthen payment scenarios and environmental construction, promote the application of digital renminbi in pilot sites, and further promote digital renminbi to the society from point to point. It is reported that the digital renminbi is issued by the People's Bank of China and is a legal currency with national credit endorsement and legal solvency. Since the first batch of digital renminbi pilots in the country in 2019, the pilot cities have continued to expand, the application of digital renminbi has been continuously improved, and public awareness has been greatly improved. Currently, digital renminbi applications can be downloaded in major mobile application malls. Digital RMB is different from third-party payment tools such as Alipay and WeChat. It does not need to be bound to any bank account when paying, making payment more convenient. (Information Newspaper)
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