Peking University Professor: In the future, if China wants to implement digital currency, it must master two principles.

According to Sina Finance, on August 30, at the Coindesk Chinese version of the forum, Professor Huang Yiping of Peking University Development Research Institute said that since the release of the Libra white paper on June 18, China's blockchain industry, traditional academic circles and government decision-making departments There have been some new ideas. I believe that China will have some new developments in its policy in the future. Recently, the news that the central bank wants to launch digital currency and Shenzhen's first pilot has occupied the headlines of the media. In the future, if China wants to implement digital currency, it must have two principles. First, whether it can improve financial efficiency. Second, whether it can control risks. . He also pointed out that it also pointed out that the two characteristics of China's financial industry are high financial restraint and high bank share. In other words, the government's intervention in finance is relatively large, but government intervention will affect efficiency. In the past, this financial system did not hinder China's rapid growth and financial stability, but the economic situation has changed.