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State Council: Support in Beijing’s exploration of the application of digital renminbi in tax collection and other public utility fields

State Council: Support in Beijing’s exploration of the application of digital renminbi in tax collection and other public utility fields

CointimeCointime2023/11/25 03:15
By:Cointime

State Council has approved the "Work Plan for Supporting the Construction of the Comprehensive Demonstration Zone for Deepening the National Service Industry and Expanding Opening-up in Beijing". The plan states that support will be given to exploring the application of digital RMB in public services such as tax and fee collection in Beijing, and supporting Beijing in strengthening cooperation and exchanges with members of the Digital Economy Partnership Agreement (DEPA) in areas such as digital identity, digital inclusiveness, network security, financial technology, and logistics.

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