Southwestern University of Finance and Economics Chen Wen: Shenzhen may pilot the digital currency to build a national and global financial technology center

According to the Beijing News, Chen Wen, deputy director of the Center for Inclusive Finance and Intelligent Finance at Southwestern University of Finance and Economics, recently said that Shenzhen is a pioneering demonstration area for building socialism with Chinese characteristics, and the state has put forward requirements for building a pilot zone for digital economic innovation. . On the one hand, the central bank's digital currency adopts a “two-level launch” system, clarifying the non-predetermined technical route, fully mobilizing market forces, achieving system optimization through competition, jointly developing and operating together, and Shenzhen has Tencent, Huawei, ZTE and other top Chinese companies. The technology-based enterprises, which have the largest number of blockchain innovation enterprises in China, have a strong competitive advantage in mobilizing market forces to explore digital currency technology routes. At the same time, the construction of the digital economy innovation and development pilot zone is also the practical application of the central bank's digital currency. It provides a wide space for imagination of the scene, which is conducive to continuously improve the design, delivery, tracking and supervision of the central bank's digital currency in the pilot application. Comprehensive comparison of the existing conditions of domestic mainstream first-tier cities, Shenzhen is most likely to become the first pilot city. Shenzhen may also make great progress in building a national and global financial technology center through digital money pilots.