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[after more than six years of research and development and more than four years of pilot testing, my country's digital rmb has initially verified the feasibility and reliability of digital rmb in theory, business and technology. as of the end of june this year, the cumulative transaction amount of digital rmb reached 7 trillion yuan.]

[so far, the digital rmb has been piloted in 17 provinces (autonomous regions and municipalities), and has continued to explore in the fields of wholesale and retail, catering, culture and tourism, education and medical care, forming a number of online and offline, replicable and popularizable application solutions.]

on september 12, the 2024 china international fair for trade in services (hereinafter referred to as "ciftis") officially opened. digital rmb has become one of the highlights of the ciftis financial exhibition in recent years.

at this year's services trade fair, a number of financial institutions and financial technology companies made a collective appearance to showcase the latest application scenarios of digital rmb in the fields of corporate, cross-border, and people's livelihood.

after more than six years of research and development and more than four years of pilot testing, my country's digital rmb has initially verified the feasibility and reliability of digital rmb in theory, business and technology. as of the end of june this year, the cumulative transaction amount of digital rmb reached 7 trillion yuan.

compared with previous years' services trade fairs, the public is no longer unfamiliar with the digital rmb. their participation and awareness are constantly increasing, the digital rmb acceptance environment is constantly improving, and the application of digital rmb is also showing a new pattern of "blossoming in multiple places."

cross-border transaction scenarios are further expanded

the expansion of the application of digital rmb in "cross-border scenarios" is one of the highlights of this services trade fair.