Deputy Secretary-General of the China Finance Association: The central bank's digital currency "is first used by 1.4 billion Chinese people", WeChat, Alipay or not in the first batch of authorization

Recently, Yang Zaiping, deputy secretary general of the Chinese Finance Association, said that the People's Bank of China is attaching great importance to the development of China's financial technology; the central bank's digital currency (CBDC) must first be used by 1.4 billion Chinese, and then gradually pushed to the Belt and Road, and then pushed Global Market. In addition, it pointed out that the current Alipay or TenPay is still a small payment through the bank, which is a payment method derived from the bank. The first step of China's central bank digital currency is to open only to commercial banks. After the retail sale, Alipay and WeChat may be brought into the system.