1 MONGOLIA SOLAR PROJECT TENDER LAUNCHED FOR 19.8 MW MYANGAD INITIATIVE WWW.PVKNOWHOW.COM PUBLISHED:2025/06/26      2 “GOLD-3” CAMPAIGN TO BE LAUNCHED NATIONWIDE WWW.MONTSAME.MN PUBLISHED:2025/06/26      3 MONGOLIA RATED “VERY HIGH” IN THE UNITED NATIONS E-GOVERNMENT DEVELOPMENT INDEX WWW.MONTSAME.MN PUBLISHED:2025/06/26      4 INCREASED DISASTER READINESS DECLARED IN SELENGE PROVINCE WWW.GOGO.MN PUBLISHED:2025/06/26      5 MONGOLIA FORUM EXPLORES NEW PATHS TO PEACE AND DEVELOPMENT IN N.E. ASIA WWW.UPI.COM PUBLISHED:2025/06/26      6 AFTER DECADES OF NEGLECT, CENTRAL ASIA AWAKENING TO TRADE POSSIBILITIES WITH MONGOLIA WWW.EURASIANET.ORG  PUBLISHED:2025/06/26      7 CAN MONGOLIA’S OLDEST TRADITIONS SURVIVE A CHANGING CLIMATE? WWW.CONSERVATION.ORG PUBLISHED:2025/06/26      8 ILO’S SCORE PROGRAMME LAUNCHES IN MONGOLIA’S CASHMERE SECTOR WWW.ILO.ORG PUBLISHED:2025/06/25      9 PUBLIC URGED TO TAKE CAUTION AMIDST INTENSE HEAT WWW.UBPOST.MN PUBLISHED:2025/06/25      10 PRIME MINISTER TASKS AMBASSADORS WITH ATTRACTING FOREIGN INVESTMENT WWW.MONTSAME.MN PUBLISHED:2025/06/25      ЭХНИЙ ГАЛТ ТЭРЭГ ХӨДӨЛЛӨӨ: 16 ЖИЛД 247 САЯ ТОНН НҮҮРС ТЭЭВЭРЛЭХ ХӨДӨЛШГҮЙ ГЭРЭЭ ХЭРЭГЖИЖ ЭХЛЭВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/26     МОНГОЛ ИРГЭД ОХУ РУУ ЗОРЧИХДОО БАГАДАА 3 ХОНОГИЙН ӨМНӨ МЭДЭГДЭХ ШААРДЛАГАТАЙ БОЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/26     ИПОТЕКИЙН ЗЭЭЛИЙН ДААТГАЛЫН ЗОХИЦУУЛАЛТАД ӨӨРЧЛӨЛТ ОРНО WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/26     Ж.ЭНХБАЯРЫН ЯАРАЛТАЙ ГОРИМООР ӨРГӨН МЭДҮҮЛСЭН ГУРИЛЫН ГААЛИЙН АЛБАН ТАТВАРЫГ СЭРГЭЭХ ХУУЛИЙН ТӨСӨЛ БАТЛАГДАВ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/26     2025 ОНД НИЙТ 8702 ИРГЭНД 961.6 ГАЗАР ӨМЧЛҮҮЛНЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/26     ЭРЧИМ ХҮЧНИЙ ЗАРИМ КОМПАНИЙГ НЭГТГЭЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/26     АЯЛЛЫН ХӨЛӨГ ОНГОЦНООС ОЛСООР БУУЖ, ЯПОНД ОРОГНОСОН ХОЁР МОНГОЛ ЗАЛУУГ БАРИВЧИЛЖЭЭ WWW.EGUUR.MN НИЙТЭЛСЭН:2025/06/26     С.БЯМБАЦОГТ: ЯАМДЫН ГАЗАР ХЭЛТСИЙН ДАРГА НАРЫН ТОО 270 БАЙСНЫГ 186 БОЛГОЖ ЦӨӨЛЛӨӨ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/25     БАРУУН -УРТ-БИЧИГТ ЧИГЛЭЛИЙН АВТО ЗАМЫН АЖИЛ ЭНЭ САРД ЭХЭЛНЭ WWW.MONTSAME.MN НИЙТЭЛСЭН:2025/06/25     МОНГОЛ, УЗБЕКИСТАН УЛС ХАРИЛЦААНЫ ТҮВШНИЙГ АХИУЛЖ, “ИЖ БҮРЭН ТҮНШЛЭЛ”-Д ХҮРГЭЛЭЭ WWW.EAGLE.MN НИЙТЭЛСЭН:2025/06/25    

China ramps up digital currency pilot testing with transactions topping 1.1 billion yuan www.rt.com

The People’s Bank of China (PBOC) said that 3.13 million transactions have been processed using the nation’s sovereign digital currency as part of a series of ongoing pilot programs in major cities such as Shenzhen and Xiongan.
According to the bank’s deputy governor, Fan Yifei, the currency has been used for more than 1.1 billion yuan ($162 million) worth of transactions. Pilots will also be conducted at the Beijing Winter Olympics in 2022, he said.
The pilot programs have made “positive progress,” with more than 6,700 use cases implemented as of late August for transactions ranging from bill payments and transport to government services.
“PBOC regards digital renminbi as an important financial infrastructure for the future,” Fan said, as quoted by the South China Morning Post.
The e-yuan is being used for multiple payment methods, including barcodes, facial recognition, and tap-and-go transactions, he explained. More than 113,300 personal digital wallets and about 8,800 corporate digital wallets have been opened as part of the pilot program.
In May, PBOC revealed plans to have its sovereign digital currency ready in time for the next Winter Olympics. It said that the new currency, which doesn’t have an official name but is known by its internal shorthand DCEP – or Digital Currency Electronic Payment – will share some features with cryptocurrencies such as Bitcoin and Facebook’s Libra. The currency is projected to replace cash in circulation.
DCEP has been introduced across four major cities: Shenzhen, Suzhou, Chengdu, and the Xiongan New Area in the northern province of Hebei. The government has already started paying civil servants in the district of Xiangcheng in Suzhou half of their transport subsidy in the digital currency as part of that city’s test run.


Published Date:2020-10-12