On August 16th, Dr. Pan and Lin, Ph.D. in Applied Economics of the China Academy of Fiscal Science, published an article in the Shanghai Securities News entitled “The central bank’s digital currency design adheres to a centralized management model”. The article mentioned that the Deputy Director of the Central Bank's Payment and Settlement Department, Mu Changchun, introduced the practice of the central bank's legal digital currency DC/EP (DC, digital currency; EP, electronic payment). China's central bank digital currency adopts a two-tier operating system and adheres to a centralized management model. That is, the central bank first converts the digital currency to a bank or other operating agency, which then converts it to the public. In this regard, Pan and Lin said that looking at Mu Changchun’s explanation, regardless of the role positioning, delivery mode or the competition tone of the technical route, it reflects that the regulatory authorities are tracking the research on the development trend of domestic and foreign virtual currency, based on the national conditions for the safety bottom line. The control and technical details of the scrutiny. In the face of a new wave of change, the central bank took the initiative to adapt to the adjustment, dare to inspire innovation, and escort the exploration and growth of digital currency. I believe that China will win the international initiative in the field of digital currency based on the leading edge of mobile payment.