Digital yuan makes big strides this year

New channel: A worker sorting packages for delivery at a JD.com warehouse in Beijing. A growing number of brick-and-mortar stores in Beijing and Shanghai, as well as online retailers like JD, are getting themselves connected to e-CNY payments. — AFP

SHANGHAI: Successfully riding the digitalisation tide in 2021 is the Chinese yuan, which is attracting more users to its digital version.

According to the People’s Bank of China (PBoC), the country’s central bank, more than 140 million personal digital wallets for e-CNY have been created and another 10 million company digital wallets were opened as of Oct 22.