Tuesday, 15 December 2020 02:01

DCEP Undergoing Second Pilot Testing in Suzhou

Suzhou is currently conducting China’s second public pilot test of the digital RMB (DCEP), following the first pilot recently held in Shenzhen. Under this second public test being held in Suzhou, 100,000 red pockets, totaling RMB20 million will be issued. These will be valid from December 11th to December 25th. Over 10,000 merchants have signed up to participate in this second public pilot round. Meanwhile, JD.com is also participating in this second round, becoming the first ecommerce platform to get involved.

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