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Utilization of Digital RMB in Mainland, China

Haiqing Li

Abstract


Fast and low-cost digital RMB will be gradually popularized and applied in Chinese Mainland in 2020, but its regulatory issues related to technical security and anti-terrorism need to be solved urgently. Therefore, the digital RMB brings both opportunities and challenges
to economic development and the transformation and upgrading of the financial system. This article uses SPSS statistical tools to conduct a
comprehensive analysis of relevant literature and research solutions, revealing the research hotspots and development trends in this field. This
article introduces the concept of evaluating the application and benefit level of digital RMB in commercial transactions and identifying influencing factors to provide theoretical basis and policy considerations for guiding the application of digital RMB in the future.

Keywords


Digital RMB; Digital economy; Electronic payment methods; Commercial transactions; Finance

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References


[1] Zhuo Yong.Digital RMB landing applications everywhere! Development obstacles still exist, how to solve? 2023.4

[2] Mo Kaiwei. The digital RMB has begun to warm up, what problems must be solved to fully enter the public life? 2023.4

[3] Li Hongchun, Chen Honghong, Zhaoxi. Construction practice and prospect of digital RMB system 2023.3




DOI: http://dx.doi.org/10.70711/memf.v2i4.5384

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