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Digital renminbi

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60: 998: 4456: 519: 262: 626: 4492: 4444: 4403: 3757: 3370: 3137: 401: 4480: 4413: 413: 4468: 657:. In 2016, Fan Yifei, a deputy governor of the PBOC, wrote that "the conditions are ripe for digital currencies, which can reduce operating costs, increase efficiency and enable a wide range of new applications". According to Fan, the best way to take advantage of the situation is for central banks to take the lead, both in supervising private digital currencies and in developing digital legal tender of their own. 1010:
financial transactions. The central bank also stated that it would limit how it tracks individuals, through the so-called "controllable anonymity." Critics say that the currency will give the Chinese government a new tool to monitor its people and financial transactions. In 2020, non-cash transactions represented 4 out of 5 payment transactions totaling a sum of 320 trillion yuan.
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Some commentators have said that the U.S., which has only started to consider to issue a government-backed digital currency, risks falling behind China and weakening its dominance in the global financial system. The digital renminbi has been described as a "national-security issue" threatening the US
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The digital RMB could provide a cheaper and more practical alternative to international transactions that are outside the U.S.-led global financial system, especially for countries with strong ties to China. It is feared by U.S. commentators and officials that the digital RMB would weaken the ability
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Individuals and individual business owners can open personal wallets, with transaction and balance limits determined by the levels of their identity verification. Legal entities and non-legal entities can open corporate wallets, with transaction and balance limits contingent on whether the account is
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The PBOC has stated that the goal of launching digital RMB is to partially replace cash, but not bank deposits or privately run payment platforms. The bank claimed that digital RMB could be used to reduce money laundering, gambling, corruption and terror financing, and may improve the efficiency of
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Chinese fintech apps have largely leapfrogged traditional card-based payment networks in China, due to the fintech apps' ease of use and much cheaper fees for merchants. Transfers within Wechat Pay and Alipay are free within their respective ecosystems, and generally have a 0.1% fee for transfers
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In June 2021, some Chinese cities expanded the use of e-CNY in public transportation. Chengdu was the first to fully integrate e-CNY payments across all buses and subway lines. This was part of a larger pilot to test the digital currency in daily transactions. Later, Beijing and Suzhou also
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would be released after years of preparation. The version of the currency, known as DCEP (Digital Currency Electronic Payment), requires an account with a commercial bank, but may be "decoupled" from the banking system in the future, allowing tourists to gain access to the system.
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The digital yuan is designed to move instantaneously in both domestic and international transactions. It aims to be cheaper and faster than existing financial transactions. The technology enables transactions to take place between two offline devices.
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Wallet holders have the option to designate an e-CNY wallet as the master wallet and create multiple sub-wallets within it. Master wallet holders are allowed to implement payment limits and conditions of the sub-wallets, and protect their personal
1050:. Wechat Pay and Alipay each have over a billion users in China, and are used by over 90% of the population in China's largest cities as their preferred payment method. The digital yuan might sideline these private digital payment platforms. 737:
in China, as well as online shopping platforms like JD.com. Local governments, partnering with private businesses, have distributed more than 150 million RMB as incentive to attract test users of digital RMB and to stimulate consumption.
1091:, said that merely introducing a digital currency "doesn't solve the problem that some people holding renminbi offshore will want to sell that renminbi and exchange it for the dollar", as the dollar is considered to be a safer asset. 1083:, said that a digital renminbi "would not banish many of the problems holding the renminbi back from more use globally". He went on to say, "Much of China's financial market is still not open to foreigners and 2908: 729:
on one's smartphone. As of April 2021, more than 100,000 have downloaded such apps, which were developed by banks, including six state-owned banks. The digital currency could be spent in stores like
597:. It is the first digital currency to be issued by a major economy, undergoing public testing as of April 2021. The digital RMB is legal tender and has equivalent value with other forms of 3042: 950:
A wallet verified with an ID card and linked to a bank account has a 50,000 yuan single payment limit, a daily cumulative limit of 100,000 yuan, and a balance cap of 500,000 yuan.
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Some argue that the real barriers to internationalisation of the renminbi are China's capital controls, which it has no plans to remove. Maximilian Kärnfelt, an expert at the
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At the end of 2021, there were 261 million users in the extended trial who had made US$ 13.8 billion of transactions It has also been rolled out for foreign attendees at the
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An e-CNY wallet, which serves as a tool to store digital renminbi and make transactions, possesses four distinct specifications as revealed by the central bank of China.
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of the U.S. to monitor and control the global financial system, through "dollar weaponization," such as sanctions and through its intelligence access to the
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According to World Bank data, in 2017, almost 20% of Chinese over 15 did not hold a bank account. As of February 2021, 87% of the population have access to
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needs only a mobile number for activation. It has a 2,000 yuan single payment limit, a daily cumulative limit of 5,000 yuan, and a 10,000 yuan balance cap.
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approved the development of the digital RMB, in partnership with commercial banks and other organizations. Chinese technology firms such as
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think tank. It is also seen by commentators as a tool to allow Chinese authorities to keep domestic control and surveillance capabilities.
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started to rollout salary payments in e-CNY for government employees as well as staff at stated-owned companies and public institutions.
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have said that they are studying the effects of digital currencies like the digital RMB and how they will affect the U.S. dollar.
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On March 31, 2022, People's Bank of China announced that the testing has been further expanded to six additional regions:
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implemented e-CNY for public transport, with Beijing enabling it on all 24 subway lines and Suzhou on its new Line 5.
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On December 16, 2022, the testing of Digital renminbi has been further expanded into five additional regions:
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In October 2023, digital yuan was first used in the cross-border crude oil settlement by
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were invited to cooperate with the central bank in developing and testing digital RMB.
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The language(s) of this currency do(es) not have a morphological plural distinction.
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Powell said in February the Fed was looking "very carefully" at a digital dollar.
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Li Bo, deputy governor of the PBOC, stated that the "goal is not to replace the
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are also being included on the list of testing after the 2022 Winter Olympics.
654: 271: 1340:(26 Nov 2021) China Looks To Set Up Digital Asset Bourse in Virtual Yuan Push 4506: 4362: 4117: 3571: 3510: 3288: 3008: 3002: 2967: 2747: 2666: 2640: 2540: 2485: 2437: 1870:"China makes major push in its ambitious digital yuan project | CNN Business" 1854: 1573:"Ant Group shows off its work on China's digital currency for the first time" 1465: 1292: 1259: 1195: 1149: 1116: 900: 896: 873: 861: 734: 665: 625: 531: 385: 381: 4484: 4460: 2996: 2752: 1123: 1109: 1092: 904: 434: 2226:"The same problems plaguing the yuan will plague China's digital currency" 1674:"Digital yuan tsar gives green light for tourists to go cashless in China" 4448: 3839: 2700: 2661: 2605: 2555: 2545: 2146:"China launch of renminbi payments system reflects Swift spying concerns" 1047: 969:
Soft wallets encompass mobile payment apps and services provided through
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As of April 2021, testing has been expanded to six additional regions:
726: 2321: 4328: 4257: 2692: 2583: 2550: 2195:"China's proposed digital currency more about policing than progress" 942: 806: 802: 730: 669: 642: 406: 341: 333: 3849: 3095: 2811: 2625: 2535: 2505: 1758:"Chinese cities roll out digital yuan to public transport networks" 1248:"China Creates its Own Digital Currency, a First for Major Economy" 911:-based e-CNY wallets, which allow offline payments using the SIM's 908: 885: 842: 826: 818: 759: 755: 747: 710: 692: 685: 638: 598: 361: 345: 313: 309: 301: 277: 70: 2170:"Is the US worried it is falling behind China's digital currency?" 1087:
remain fragile." Victor Shih, a China expert and professor at the
4368: 3071: 1417:"Virtual control: the agenda behind China's new digital currency" 1355:"Virtual control: the agenda behind China's new digital currency" 1046:
outside their ecosystem, much lower than the 2–4% fee imposed by
1031: 889: 869: 865: 834: 798: 782: 763: 718: 673: 601:, also known as the Chinese yuan (CNY), such as bills and coins. 377: 373: 353: 337: 317: 293: 289: 1982:"China says it has no plans to replace dollar with digital yuan" 4467: 2944: 2938: 2588: 1933:"Digital yuan used to settle crude oil trade - Central Banking" 1039: 846: 838: 830: 814: 810: 767: 751: 714: 681: 677: 608:
The digital renminbi is seen by some commentators as a form of
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Mainland and Hong Kong Closer Economic Partnership Arrangement
2074:"Alipay reports 1.2 bln users - Xinhua | English.news.cn" 59: 2600: 1809:"China Rolls Out Digital Yuan for Foreigners at the Olympics" 1487:"Central Banks Consider Bitcoin's Technology, if Not Bitcoin" 1060: 973:(SDKs). Hard wallets include IC cards, wearable devices, and 857: 418: 369: 267: 3999:
State-owned Assets Supervision and Administration Commission
2118:"Biden Team Eyes Potential Threat From China's Digital Yuan" 1650:"Hong Kong Monetary Authority - Hong Kong FinTech Week 2019" 3828:
National Fund for Technology Transfer and Commercialisation
2708: 1389:"Beijing's digital yuan policy will have its Huawei moment" 4176:
Mainland and Macau Closer Economic Partnership Arrangement
1624:"China's digital yuan takes shape with new encryption law" 709:
In April 2020, testing began in four cities around China (
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People's Bank of China Digital Currency Research Institute
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and control over users and their financial transactions.
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Spans the conventional boundary between Asia and Europe.
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China Council for the Promotion of International Trade
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is above 60%, while that of the renminbi is about 2%.
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Klein, Aaron. "China's digital payments revolution."
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History of central bank digital currencies by country
2212: 1615: 1405: 691:In October 2019, the PBOC announced that a digital 637:A sign showing that a store accepts digital RMB in 1514:"On Digital Currencies, Central Banks Should Lead" 3813:China Integrated Circuit Industry Investment Fund 2301:van der Lugt, Sanne; Hough, Gys (17 March 2021). 2300: 2252:"China's Digital Currency Will Rise but Not Rule" 1332: 4504: 2061:Washington, DC: The Brookings Institution, April 1454:"China Rolls Out Pilot Test of Digital Currency" 3974:Ministry of Industry and Information Technology 3798:China Banknote Printing and Minting Corporation 1025: 16:Digital currency issued by China's central bank 2031:"China's Digital Currency: Mao Would be Proud" 929: 3939:All-China Federation of Industry and Commerce 3111: 2909: 2337: 1775: 221: 193: 119: 113: 39: 23: 3979:National Financial Regulatory Administration 4191:Regional Comprehensive Economic Partnership 3208:Grasping the large, letting go of the small 1478: 1415:Kynge, James; Yu, Sun (February 16, 2021). 4412: 4166:Guangdong–Hong Kong–Macau Greater Bay Area 4004:State Administration for Market Regulation 3989:National Development and Reform Commission 3118: 3104: 2916: 2902: 2344: 2330: 3873:National Equities Exchange and Quotations 2370:List of Chinese cash coins by inscription 1906: 1597:Castillo, Michael del (August 27, 2019). 1279:Popper, Nathaniel; Li, Cao (2021-03-01). 4009:State Administration of Foreign Exchange 2094: 1596: 1278: 996: 2351: 1414: 4505: 3984:National Bureau of Statistics of China 3954:China Securities Regulatory Commission 2249: 1621: 1485:Popper, Nathaniel (October 11, 2016). 1484: 1245: 1122:The EU is also considering to issue a 3099: 2897: 2325: 2112: 2110: 2055: 2053: 2051: 1698: 1696: 1694: 1647: 1622:Tabeta, Shunsuke (31 December 2019). 1537: 1535: 1533: 1511: 1451: 1241: 1239: 1237: 1235: 1233: 1231: 941:The wallet with the highest level of 35:(Digital Currency Electronic Payment) 4201:Western Taiwan Straits Economic Zone 4146:Asian Infrastructure Investment Bank 3944:All-China Federation of Trade Unions 3125: 2925:Central bank digital currency (CBDC) 2095:Abkowitz, Alyssa (January 4, 2018). 1781: 1447: 1445: 1443: 1441: 1439: 1383: 1381: 1379: 1349: 1347: 1310: 1308: 1229: 1227: 1225: 1223: 1221: 1219: 1217: 1215: 1213: 1211: 1160:Internationalization of the renminbi 1081:Mercator Institute for China Studies 1017:or other international currencies". 924:China National Petroleum Corporation 817:, and six cities in the province of 593:issued by China's central bank, the 3678:Hong Kong Trade Development Council 2223: 1958:"央行穆长春:数字人民币钱包按照客户身份识别强度分为不同等级_中证网" 1726: 573:Digital Currency Electronic Payment 13: 3182:Three-anti and Five-anti Campaigns 2107: 2048: 1867: 1691: 1541: 1530: 1089:University of California San Diego 1053: 14: 4534: 4206:Yangtze River Delta Economic Zone 3959:General Administration of Customs 3823:China Reform Holdings Corporation 3214:Scientific Outlook on Development 2655:Manufacturing and casting process 2250:Prasad, Eswar (August 25, 2020). 1436: 1376: 1344: 1305: 1208: 40: 24: 4490: 4478: 4466: 4454: 4442: 4411: 4402: 4401: 4253:2008–2009 economic stimulus plan 4014:State Administration of Taxation 3902:Stock Exchange Executive Council 3756: 3755: 3369: 3368: 3136: 3135: 2224:Hui, Mary (September 10, 2020). 2158:from the original on 2017-03-25. 1907:Chhangani, Alisha (2023-11-06). 1512:Yifei, Fan (September 1, 2016). 789:, as well as lack of publicity. 624: 517: 411: 399: 260: 143: 58: 4518:Central bank digital currencies 4263:2015–16 stock market turbulence 4186:Pearl River Delta Economic Zone 2460:Paper money of the Qing dynasty 2433:Jin dynasty coinage (1115–1234) 2294: 2269: 2187: 2162: 2138: 2088: 2066: 2023: 1999: 1974: 1950: 1925: 1900: 1886: 1861: 1847: 1833: 1819: 1801: 1750: 1739:from the original on 2021-05-02 1720: 1666: 1648:Authority, Hong Kong Monetary. 1641: 1590: 1565: 1554:from the original on 2021-01-26 1505: 1365:from the original on 2021-02-17 1246:Areddy, James T. (2021-04-05). 610:Chinese government surveillance 4181:Northeast China Revitalization 3818:China Internet Investment Fund 3803:China Government Guidance Fund 2856:Special administrative regions 1841:"中国央行:新增天津、重庆、广州等地作为数字人民币试点地区" 1782:Feng, Coco (19 January 2022). 1452:Cheng, Jonathan (2020-04-20). 1272: 1176: 955:Personal and corporate wallets 907:announced the joint launch of 585: 64:Digital Renminbi / e Yuan Sign 1: 4513:Currencies with ISO 4217 code 4273:China–United States trade war 4138:Regional economic initiatives 4091:National economic initiatives 3808:China-Africa Development Fund 3202:Deng Xiaoping's southern tour 2733:Charms and amulets (Yansheng) 2423:Southern Song dynasty coinage 1170: 1140:Central bank digital currency 1072:dollar by Josh Lipsky at the 959:opened in person or remotely. 591:central bank digital currency 4374:List of Chinese by net worth 4357:China Compulsory Certificate 4268:Protein export contamination 3919:Zhengzhou Commodity Exchange 3835:China Investment Corporation 3299:Business process outsourcing 2513:Yuan of the Red Army Command 2080:. 2019-10-01. Archived from 1855:"数字人民币试点范围再度扩容 济南、南宁等5城新晋入选" 1827:"数字人民币试点迎来第三次扩围,催生哪些新的投资机会?" 1729:"央行数研所牵手蚂蚁集团 将推动建设数字人民币技术平台" 1654:Hong Kong Monetary Authority 1095:, an economics professor at 1066: 1026:On digital payment platforms 7: 3688:Water supply and sanitation 2365:History of Chinese currency 1704:"四城七轮数字人民币红包 累计已发1.5亿元-新华网" 1544:"别误读了!目前数字人民币试点仍是"4+1"-新华网" 1133: 930:e-CNY wallet specifications 10: 4539: 4196:Rise of Central China Plan 3994:National Energy Commission 2007:"Financial Inclusion Data" 1316:"解码数字人民币:"新"在何处 用在哪里?-新华网" 1020: 699: 649:China's central bank, the 615: 268:People's Republic of China 4392: 4286: 4229:2005–2011 property bubble 4219: 4161:China Western Development 4136: 4090: 4022: 3929: 3868:Dalian Commodity Exchange 3742: 3706: 3624: 3557: 3519: 3237: 3147: 3133: 3080: 3064: 3035: 3018: 2989: 2954: 2931: 2877: 2854: 2810: 2766: 2725: 2677: 2654: 2564: 2521: 2481:Historical money of Tibet 2473: 2383: 2357: 971:software development kits 580: 560: 530: 510: 497: 492: 478: 466: 446: 432: 427: 392: 253: 235: 230: 222: 202: 194: 174: 167: 160: 136: 128: 120: 114: 105: 100: 88: 76: 69: 57: 48: 4103:Belt and Road Initiative 4082:Rural credit cooperative 3855:Foreign exchange reserve 3788:Beijing Financial Street 3197:Socialist market economy 2636:Great Qing Treasure Note 2631:Great Ming Treasure Note 2174:South China Morning Post 2011:datatopics.worldbank.org 1894:"数字人民币SIM卡硬钱包上线,还支持无电支付" 1868:He, Laura (2023-04-24). 1788:South China Morning Post 1678:South China Morning Post 1577:South China Morning Post 1155:Belt and Road Initiative 1114:Federal Reserve Chairman 992: 586:Shùzì huòbì diànzǐ zhīfù 4345:Globalization and women 4211:Zhongyuan Economic Zone 4151:Beibu Gulf Economic Rim 3931:Government institutions 3907:Shenzhen Stock Exchange 3897:Shanghai Metal Exchange 3885:Shanghai Stock Exchange 3549:Zhangjiang Hi-Tech Park 3534:Megalopolises in China 2385:By period (before 1912) 2375:Ancient Chinese coinage 2101:The Wall Street Journal 1107:U.S. Treasury Secretary 879: 792: 741: 704: 668:(through its affiliate 4384:Science and technology 4278:2020–2021 reform spree 4032:International rankings 3878:Beijing Stock Exchange 3544:Suzhou Industrial Park 3539:Special Economic Zones 1937:www.centralbanking.com 1727:Tao, Li (2021-04-25). 1006: 1005:supporting digital RMB 982:Master and sub-wallets 651:People's Bank of China 595:People's Bank of China 563:; also abbreviated as 441:People's Bank of China 3734:Intellectual property 3229:1949–1976 wage reform 3172:Industrial Revolution 2408:Southern Tang coinage 2307:Clingendael Spectator 2281:European Central Bank 1542:Wu, Yu (2020-08-15). 1128:Clingendael Institute 1000: 964:Soft and hard wallets 821:that are hosting the 676:(which owns WeChat), 241:; 4 years ago 4422:Economy of East Asia 4128:Youth Business China 3964:Ministry of Commerce 3912:SZSE Component Index 3529:Dalian Software Park 2743:Vault protector coin 2455:Qing dynasty coinage 2450:Ming dynasty coinage 2445:Yuan dynasty coinage 2413:Liao dynasty coinage 2393:Zhou dynasty coinage 1165:Social Credit System 922:, the listed arm of 779:2022 Winter Olympics 236:Date of introduction 3969:Ministry of Finance 3890:SSE Composite Index 3860:Hedge fund industry 3707:Law and regulations 3414:academic publishing 3192:Four Modernizations 3057:(Eastern Caribbean) 2726:Historical exonumia 2428:Western Xia coinage 2403:Xin dynasty coinage 2398:Han dynasty coinage 2352:Currencies of China 2084:on October 3, 2019. 1733:finance.sina.com.cn 1458:Wall Street Journal 1252:Wall Street Journal 888:in the province of 542:1 GBP = 7.946 eCNY 80:CNY (numeric: 45: 4379:Chinese economists 4352:National Standards 4248:2007 slave scandal 4156:Bohai Economic Rim 4123:Made in China 2025 4072:Internal migration 4057:Standard of living 3845:Financial services 3719:Labor contract law 3673:Illegal drug trade 3643:World Trade Center 3479:Telecommunications 3427:equipment industry 3259:Advanced materials 3224:Population history 3187:Great Leap Forward 3141:Companies of China 1492:The New York Times 1285:The New York Times 1188:The New York Times 1097:Cornell University 1007: 975:Internet of Things 895:On July 11, 2023, 540:1 CNY = 1.000 eCNY 538:1 EUR = 6.960 eCNY 536:1 USD = 7.171 eCNY 486:www.ecny.pbcdci.cn 394:Unofficial user(s) 19: 4430: 4429: 4243:2007 stock bubble 4108:Common prosperity 4098:Beijing Consensus 4052:Income inequality 3521:Development Zones 3093: 3092: 2891: 2890: 2797:New Taiwan dollar 2789:Chinese gold yuan 2784:Old Taiwan dollar 2776:Customs gold unit 2768:Republic of China 2474:Other territories 2256:Project Syndicate 2078:www.xinhuanet.com 2037:. 14 January 2021 1708:www.xinhuanet.com 1320:www.xinhuanet.com 550: 549: 545:(12 October 2022) 44: 36: 28: 20:Digital Renminbi 4530: 4495: 4494: 4493: 4483: 4482: 4481: 4471: 4470: 4459: 4458: 4457: 4447: 4446: 4438: 4417:Outline of China 4415: 4414: 4405: 4404: 4238:pet food recalls 4113:Dual circulation 3864:Stock Exchanges 3793:Financial system 3759: 3758: 3698:Trading partners 3444:Renewable energy 3372: 3371: 3139: 3138: 3127:Economy of China 3120: 3113: 3106: 3097: 3096: 3005:(United Kingdom) 2962:Digital renminbi 2918: 2911: 2904: 2895: 2894: 2883:Economy of China 2864:Hong Kong dollar 2346: 2339: 2332: 2323: 2322: 2317: 2316: 2314: 2313: 2298: 2292: 2291: 2289: 2288: 2273: 2267: 2266: 2264: 2262: 2247: 2241: 2240: 2238: 2236: 2221: 2210: 2209: 2207: 2206: 2191: 2185: 2184: 2182: 2181: 2166: 2160: 2159: 2142: 2136: 2135: 2130: 2129: 2114: 2105: 2104: 2092: 2086: 2085: 2070: 2064: 2057: 2046: 2045: 2043: 2042: 2027: 2021: 2020: 2018: 2017: 2003: 1997: 1996: 1994: 1993: 1978: 1972: 1971: 1969: 1968: 1954: 1948: 1947: 1945: 1944: 1929: 1923: 1922: 1920: 1919: 1913:Atlantic Council 1904: 1898: 1897: 1890: 1884: 1883: 1881: 1880: 1865: 1859: 1858: 1851: 1845: 1844: 1837: 1831: 1830: 1823: 1817: 1816: 1805: 1799: 1798: 1796: 1794: 1779: 1773: 1772: 1770: 1769: 1754: 1748: 1747: 1745: 1744: 1724: 1718: 1717: 1715: 1714: 1700: 1689: 1688: 1686: 1685: 1670: 1664: 1663: 1661: 1660: 1645: 1639: 1638: 1636: 1634: 1619: 1613: 1612: 1610: 1609: 1594: 1588: 1587: 1585: 1584: 1569: 1563: 1562: 1560: 1559: 1539: 1528: 1527: 1525: 1524: 1509: 1503: 1502: 1500: 1499: 1482: 1476: 1475: 1473: 1472: 1449: 1434: 1433: 1431: 1429: 1412: 1403: 1402: 1400: 1399: 1385: 1374: 1373: 1371: 1370: 1351: 1342: 1336: 1330: 1329: 1327: 1326: 1312: 1303: 1302: 1300: 1299: 1276: 1270: 1269: 1267: 1266: 1243: 1206: 1205: 1203: 1202: 1180: 1101:reserve currency 1074:Atlantic Council 1063:payment system. 823:2022 Asian Games 628: 587: 582: 562: 553:Digital renminbi 546: 524:Chinese renminbi 522: 521: 520: 506: 488: 481: 462: 459: 457: 455: 449: 437: 423: 417: 415: 414: 405: 403: 402: 395: 388: 266: 264: 263: 256: 255:Official user(s) 249: 247: 242: 225: 224: 214: 213: 212: 208: 197: 196: 186: 185: 184: 180: 155: 154: 147: 123: 122: 117: 116: 96: 83: 62: 52: 46: 43: 42: 38: 30: 27: 26: 22: 18: 4538: 4537: 4533: 4532: 4531: 4529: 4528: 4527: 4503: 4502: 4501: 4491: 4489: 4479: 4477: 4465: 4455: 4453: 4441: 4433: 4431: 4426: 4388: 4282: 4215: 4132: 4086: 4018: 3925: 3738: 3724:Labor relations 3702: 3620: 3553: 3515: 3401:Pharmaceuticals 3233: 3167:Five-year plans 3143: 3129: 3124: 3094: 3089: 3088: 3076: 3060: 3031: 3014: 2985: 2950: 2927: 2922: 2892: 2887: 2873: 2869:Macanese pataca 2850: 2806: 2762: 2721: 2673: 2650: 2594:Kaiyuan Tongbao 2560: 2517: 2469: 2379: 2353: 2350: 2320: 2311: 2309: 2299: 2295: 2286: 2284: 2275: 2274: 2270: 2260: 2258: 2248: 2244: 2234: 2232: 2222: 2213: 2204: 2202: 2193: 2192: 2188: 2179: 2177: 2168: 2167: 2163: 2151:Financial Times 2144: 2143: 2139: 2127: 2125: 2116: 2115: 2108: 2093: 2089: 2072: 2071: 2067: 2058: 2049: 2040: 2038: 2029: 2028: 2024: 2015: 2013: 2005: 2004: 2000: 1991: 1989: 1988:. 19 April 2021 1980: 1979: 1975: 1966: 1964: 1956: 1955: 1951: 1942: 1940: 1931: 1930: 1926: 1917: 1915: 1905: 1901: 1892: 1891: 1887: 1878: 1876: 1866: 1862: 1853: 1852: 1848: 1839: 1838: 1834: 1829:. 3 April 2022. 1825: 1824: 1820: 1807: 1806: 1802: 1792: 1790: 1780: 1776: 1767: 1765: 1756: 1755: 1751: 1742: 1740: 1725: 1721: 1712: 1710: 1702: 1701: 1692: 1683: 1681: 1672: 1671: 1667: 1658: 1656: 1646: 1642: 1632: 1630: 1620: 1616: 1607: 1605: 1595: 1591: 1582: 1580: 1571: 1570: 1566: 1557: 1555: 1540: 1531: 1522: 1520: 1510: 1506: 1497: 1495: 1483: 1479: 1470: 1468: 1450: 1437: 1427: 1425: 1422:Financial Times 1413: 1406: 1397: 1395: 1387: 1386: 1377: 1368: 1366: 1353: 1352: 1345: 1337: 1333: 1324: 1322: 1314: 1313: 1306: 1297: 1295: 1277: 1273: 1264: 1262: 1244: 1209: 1200: 1198: 1182: 1181: 1177: 1173: 1136: 1126:. According to 1085:property rights 1069: 1056: 1054:Internationally 1028: 1023: 995: 932: 884:From May 2023, 882: 795: 744: 707: 702: 647: 646: 645: 636: 631: 630: 629: 618: 579:, Chinese: 544: 543: 541: 539: 537: 518: 516: 504: 484: 479: 452: 447: 433: 421: 412: 410: 409: 400: 398: 393: 276: 275: 261: 259: 254: 245: 243: 240: 210: 206: 205: 203: 182: 178: 177: 175: 149: 142: 94: 81: 65: 53: 50: 37: 34: 29: 21: 17: 12: 11: 5: 4536: 4526: 4525: 4520: 4515: 4500: 4499: 4487: 4475: 4463: 4451: 4428: 4427: 4425: 4424: 4419: 4409: 4393: 4390: 4389: 4387: 4386: 4381: 4376: 4371: 4366: 4359: 4354: 4349: 4348: 4347: 4337: 4332: 4325: 4324: 4323: 4318: 4313: 4303: 4298: 4292: 4290: 4288:Related topics 4284: 4283: 4281: 4280: 4275: 4270: 4265: 4260: 4255: 4250: 4245: 4240: 4231: 4225: 4223: 4217: 4216: 4214: 4213: 4208: 4203: 4198: 4193: 4188: 4183: 4178: 4173: 4168: 4163: 4158: 4153: 4148: 4142: 4140: 4134: 4133: 4131: 4130: 4125: 4120: 4115: 4110: 4105: 4100: 4094: 4092: 4088: 4087: 4085: 4084: 4079: 4074: 4069: 4064: 4059: 4054: 4049: 4044: 4039: 4037:Social welfare 4034: 4028: 4026: 4020: 4019: 4017: 4016: 4011: 4006: 4001: 3996: 3991: 3986: 3981: 3976: 3971: 3966: 3961: 3956: 3951: 3946: 3941: 3935: 3933: 3927: 3926: 3924: 3923: 3922: 3921: 3916: 3915: 3914: 3904: 3899: 3894: 3893: 3892: 3882: 3881: 3880: 3870: 3862: 3857: 3852: 3847: 3842: 3837: 3832: 3831: 3830: 3825: 3820: 3815: 3810: 3800: 3795: 3790: 3785: 3784: 3783: 3778: 3773: 3763: 3752: 3750: 3740: 3739: 3737: 3736: 3731: 3726: 3721: 3716: 3710: 3708: 3704: 3703: 3701: 3700: 3695: 3690: 3685: 3680: 3675: 3670: 3665: 3660: 3658:Postal history 3655: 3653:Communications 3650: 3645: 3640: 3634: 3632: 3630:infrastructure 3622: 3621: 3619: 3618: 3617: 3616: 3611: 3606: 3596: 3591: 3590: 3589: 3587:Oil refineries 3584: 3574: 3569: 3563: 3561: 3555: 3554: 3552: 3551: 3546: 3541: 3536: 3531: 3525: 3523: 3517: 3516: 3514: 3513: 3508: 3503: 3498: 3493: 3492: 3491: 3481: 3476: 3471: 3466: 3461: 3456: 3451: 3446: 3441: 3436: 3431: 3430: 3429: 3421: 3416: 3407: 3398: 3393: 3388: 3383: 3382: 3381: 3366: 3361: 3356: 3351: 3346: 3341: 3336: 3331: 3329:Electric power 3326: 3324:Electric motor 3321: 3316: 3311: 3306: 3301: 3296: 3291: 3286: 3281: 3276: 3271: 3266: 3261: 3256: 3255: 3254: 3243: 3241: 3235: 3234: 3232: 3231: 3226: 3221: 3219:Historical GDP 3216: 3211: 3204: 3199: 3194: 3189: 3184: 3179: 3177:Iron rice bowl 3174: 3169: 3164: 3159: 3153: 3151: 3145: 3144: 3134: 3131: 3130: 3123: 3122: 3115: 3108: 3100: 3091: 3090: 3087: 3086: 3082: 3081: 3078: 3077: 3075: 3074: 3068: 3066: 3062: 3061: 3059: 3058: 3052: 3046: 3039: 3037: 3036:Atlantic Ocean 3033: 3032: 3030: 3029: 3022: 3020: 3016: 3015: 3013: 3012: 3006: 3000: 2993: 2991: 2987: 2986: 2984: 2983: 2980:Digital dirham 2977: 2971: 2965: 2958: 2956: 2952: 2951: 2949: 2948: 2942: 2935: 2933: 2929: 2928: 2921: 2920: 2913: 2906: 2898: 2889: 2888: 2886: 2885: 2878: 2875: 2874: 2872: 2871: 2866: 2860: 2858: 2852: 2851: 2849: 2848: 2843: 2838: 2833: 2828: 2823: 2817: 2815: 2808: 2807: 2805: 2804: 2794: 2791: 2786: 2781: 2778: 2772: 2770: 2764: 2763: 2761: 2760: 2755: 2750: 2745: 2740: 2735: 2729: 2727: 2723: 2722: 2720: 2719: 2714: 2706: 2698: 2690: 2681: 2679: 2675: 2674: 2672: 2671: 2670: 2669: 2658: 2656: 2652: 2651: 2649: 2648: 2643: 2638: 2633: 2628: 2623: 2618: 2613: 2608: 2603: 2598: 2597: 2596: 2591: 2586: 2581: 2570: 2568: 2562: 2561: 2559: 2558: 2553: 2548: 2543: 2538: 2533: 2527: 2525: 2519: 2518: 2516: 2515: 2510: 2509: 2508: 2501:Xinjiang coins 2498: 2496:Mengjiang yuan 2493: 2491:Manchukuo yuan 2488: 2483: 2477: 2475: 2471: 2470: 2468: 2467: 2462: 2457: 2452: 2447: 2442: 2441: 2440: 2430: 2425: 2420: 2418:Da Shu coinage 2415: 2410: 2405: 2400: 2395: 2389: 2387: 2381: 2380: 2378: 2377: 2372: 2367: 2361: 2359: 2355: 2354: 2349: 2348: 2341: 2334: 2326: 2319: 2318: 2293: 2277:"Digital euro" 2268: 2242: 2211: 2186: 2161: 2154:. 2015-10-08. 2137: 2106: 2087: 2065: 2047: 2035:Martens Centre 2022: 1998: 1973: 1949: 1924: 1899: 1885: 1860: 1846: 1832: 1818: 1800: 1774: 1749: 1719: 1690: 1665: 1640: 1614: 1589: 1564: 1529: 1504: 1477: 1435: 1404: 1375: 1343: 1331: 1304: 1271: 1207: 1190:. 2021-03-01. 1174: 1172: 1169: 1168: 1167: 1162: 1157: 1152: 1147: 1142: 1135: 1132: 1068: 1065: 1055: 1052: 1027: 1024: 1022: 1019: 994: 991: 990: 989: 985: 983: 979: 978: 977:(IoT) devices. 967: 965: 961: 960: 956: 952: 951: 947: 946: 939: 931: 928: 881: 878: 794: 791: 743: 740: 706: 703: 701: 698: 655:Zhou Xiaochuan 633: 632: 623: 622: 621: 620: 619: 617: 614: 583:; pinyin: 548: 547: 534: 528: 527: 514: 508: 507: 501: 495: 494: 490: 489: 482: 480: Website 476: 475: 470: 464: 463: 450: 448: Website 444: 443: 438: 430: 429: 425: 424: 396: 390: 389: 272:Mainland China 257: 251: 250: 246:14 August 2020 239:14 August 2020 237: 233: 232: 228: 227: 215: 200: 199: 187: 172: 171: 169: 165: 164: 158: 157: 140: 134: 133: 130: 126: 125: 107: 103: 102: 98: 97: 92: 86: 85: 78: 74: 73: 67: 66: 63: 55: 54: 49: 15: 9: 6: 4: 3: 2: 4535: 4524: 4521: 4519: 4516: 4514: 4511: 4510: 4508: 4498: 4488: 4486: 4476: 4474: 4469: 4464: 4462: 4452: 4450: 4445: 4440: 4439: 4436: 4423: 4420: 4418: 4410: 4408: 4400: 4399: 4395: 4394: 4391: 4385: 4382: 4380: 4377: 4375: 4372: 4370: 4367: 4365: 4364: 4363:Made in China 4360: 4358: 4355: 4353: 4350: 4346: 4343: 4342: 4341: 4340:Globalization 4338: 4336: 4333: 4331: 4330: 4326: 4322: 4319: 4317: 4314: 4312: 4309: 4308: 4307: 4304: 4302: 4299: 4297: 4294: 4293: 4291: 4289: 4285: 4279: 4276: 4274: 4271: 4269: 4266: 4264: 4261: 4259: 4256: 4254: 4251: 4249: 4246: 4244: 4241: 4239: 4235: 4232: 4230: 4227: 4226: 4224: 4222: 4218: 4212: 4209: 4207: 4204: 4202: 4199: 4197: 4194: 4192: 4189: 4187: 4184: 4182: 4179: 4177: 4174: 4172: 4169: 4167: 4164: 4162: 4159: 4157: 4154: 4152: 4149: 4147: 4144: 4143: 4141: 4139: 4135: 4129: 4126: 4124: 4121: 4119: 4118:Go Out policy 4116: 4114: 4111: 4109: 4106: 4104: 4101: 4099: 4096: 4095: 4093: 4089: 4083: 4080: 4078: 4075: 4073: 4070: 4068: 4065: 4063: 4060: 4058: 4055: 4053: 4050: 4048: 4045: 4043: 4040: 4038: 4035: 4033: 4030: 4029: 4027: 4025: 4021: 4015: 4012: 4010: 4007: 4005: 4002: 4000: 3997: 3995: 3992: 3990: 3987: 3985: 3982: 3980: 3977: 3975: 3972: 3970: 3967: 3965: 3962: 3960: 3957: 3955: 3952: 3950: 3947: 3945: 3942: 3940: 3937: 3936: 3934: 3932: 3928: 3920: 3917: 3913: 3910: 3909: 3908: 3905: 3903: 3900: 3898: 3895: 3891: 3888: 3887: 3886: 3883: 3879: 3876: 3875: 3874: 3871: 3869: 3866: 3865: 3863: 3861: 3858: 3856: 3853: 3851: 3848: 3846: 3843: 3841: 3838: 3836: 3833: 3829: 3826: 3824: 3821: 3819: 3816: 3814: 3811: 3809: 3806: 3805: 3804: 3801: 3799: 3796: 3794: 3791: 3789: 3786: 3782: 3779: 3777: 3774: 3772: 3769: 3768: 3767: 3764: 3762: 3754: 3753: 3751: 3749: 3745: 3741: 3735: 3732: 3730: 3727: 3725: 3722: 3720: 3717: 3715: 3712: 3711: 3709: 3705: 3699: 3696: 3694: 3691: 3689: 3686: 3684: 3681: 3679: 3676: 3674: 3671: 3669: 3666: 3664: 3661: 3659: 3656: 3654: 3651: 3649: 3646: 3644: 3641: 3639: 3638:Trade history 3636: 3635: 3633: 3631: 3627: 3623: 3615: 3612: 3610: 3607: 3605: 3602: 3601: 3600: 3597: 3595: 3592: 3588: 3585: 3583: 3580: 3579: 3578: 3575: 3573: 3570: 3568: 3567:Energy policy 3565: 3564: 3562: 3560: 3556: 3550: 3547: 3545: 3542: 3540: 3537: 3535: 3532: 3530: 3527: 3526: 3524: 3522: 3518: 3512: 3509: 3507: 3504: 3502: 3499: 3497: 3494: 3490: 3487: 3486: 3485: 3482: 3480: 3477: 3475: 3472: 3470: 3467: 3465: 3462: 3460: 3457: 3455: 3452: 3450: 3447: 3445: 3442: 3440: 3437: 3435: 3432: 3428: 3425: 3424: 3422: 3420: 3417: 3415: 3411: 3408: 3406: 3402: 3399: 3397: 3396:Pearl farming 3394: 3392: 3391:Online gaming 3389: 3387: 3384: 3380: 3377: 3376: 3375: 3367: 3365: 3362: 3360: 3357: 3355: 3352: 3350: 3347: 3345: 3342: 3340: 3337: 3335: 3332: 3330: 3327: 3325: 3322: 3320: 3317: 3315: 3312: 3310: 3307: 3305: 3302: 3300: 3297: 3295: 3294:Biotechnology 3292: 3290: 3287: 3285: 3282: 3280: 3277: 3275: 3272: 3270: 3267: 3265: 3262: 3260: 3257: 3253: 3250: 3249: 3248: 3245: 3244: 3242: 3240: 3236: 3230: 3227: 3225: 3222: 3220: 3217: 3215: 3212: 3209: 3205: 3203: 3200: 3198: 3195: 3193: 3190: 3188: 3185: 3183: 3180: 3178: 3175: 3173: 3170: 3168: 3165: 3163: 3160: 3158: 3155: 3154: 3152: 3150: 3146: 3142: 3132: 3128: 3121: 3116: 3114: 3109: 3107: 3102: 3101: 3098: 3084: 3083: 3079: 3073: 3070: 3069: 3067: 3065:International 3063: 3056: 3053: 3050: 3047: 3044: 3041: 3040: 3038: 3034: 3027: 3024: 3023: 3021: 3019:South America 3017: 3010: 3009:Digital ruble 3007: 3004: 3003:Digital pound 3001: 2998: 2995: 2994: 2992: 2988: 2981: 2978: 2975: 2972: 2969: 2968:Digital rupee 2966: 2963: 2960: 2959: 2957: 2953: 2946: 2943: 2940: 2937: 2936: 2934: 2930: 2926: 2919: 2914: 2912: 2907: 2905: 2900: 2899: 2896: 2884: 2880: 2879: 2876: 2870: 2867: 2865: 2862: 2861: 2859: 2857: 2853: 2847: 2844: 2842: 2839: 2837: 2834: 2832: 2829: 2827: 2824: 2822: 2819: 2818: 2816: 2813: 2809: 2802: 2798: 2795: 2793:Silver dollar 2792: 2790: 2787: 2785: 2782: 2779: 2777: 2774: 2773: 2771: 2769: 2765: 2759: 2756: 2754: 2751: 2749: 2748:Zhaona Xinbao 2746: 2744: 2741: 2739: 2736: 2734: 2731: 2730: 2728: 2724: 2718: 2715: 2713: 2712: 2707: 2705: 2704: 2699: 2697: 2696: 2691: 2689: 2688: 2683: 2682: 2680: 2676: 2668: 2667:Ancestor coin 2665: 2664: 2663: 2660: 2659: 2657: 2653: 2647: 2646:Silver Dragon 2644: 2642: 2641:Hubu Guanpiao 2639: 2637: 2634: 2632: 2629: 2627: 2624: 2622: 2619: 2617: 2614: 2612: 2609: 2607: 2604: 2602: 2599: 2595: 2592: 2590: 2587: 2585: 2582: 2580: 2577: 2576: 2575: 2572: 2571: 2569: 2567: 2563: 2557: 2554: 2552: 2549: 2547: 2544: 2542: 2541:Ant-nose coin 2539: 2537: 2534: 2532: 2529: 2528: 2526: 2524: 2520: 2514: 2511: 2507: 2504: 2503: 2502: 2499: 2497: 2494: 2492: 2489: 2487: 2486:Kucha coinage 2484: 2482: 2479: 2478: 2476: 2472: 2466: 2463: 2461: 2458: 2456: 2453: 2451: 2448: 2446: 2443: 2439: 2438:Da Qi coinage 2436: 2435: 2434: 2431: 2429: 2426: 2424: 2421: 2419: 2416: 2414: 2411: 2409: 2406: 2404: 2401: 2399: 2396: 2394: 2391: 2390: 2388: 2386: 2382: 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Index

The digital renminbi logo features the Yen sign. The yen sign is surrounded by the lower-case Latin letter E, like in electronic. The horizontal line of the E and the top horizontal of the ¥ are the same line. The color of the symbol is a slightly darker red.
ISO 4217
Subunit
Symbol

¥
Denominations
People's Republic of China
Mainland China
Shenzhen
Suzhou
Xiong'an
Chengdu
Beijing
Zhangjiakou
Shanghai
Hainan
Changsha
Xi'an
Qingdao
Dalian
Fuzhou
Xiamen
Guangzhou
Tianjin
Chongqing
Hangzhou
Ningbo
Wenzhou
Huzhou

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