
Has China released a digital currency? | World Economic Forum
2021年9月29日 · When the People’s Bank of China (PBoC) published its e-CNY whitepaper, it was evident the PBoC has accelerated its plans to test the newly-launched e-CNY wallet. The bank held a handful of trials in major Chinese cities, such as Shenzhen, Beijing and Shanghai, where it tested e-wallet functionality and enabled the use of the digital yuan on a ...
First-of-a-Kind Global Resource for Central Bank Digital Currency ...
2021年11月19日 · Sheila Warren, Deputy Head of the Centre for the Fourth Industrial Revolution Network, World Economic Forum said, “This body of work illustrates where opportunities exist and challenges remain to the establishment of a responsible, equitable, and thriving global financial future in which digital currencies play a significant role.
Cross-border payments are an engine for economic growth
2025年1月7日 · We have become accustomed to doing our shopping online, and global e-commerce has grown in recent years. According to the US International Trade Administration, worldwide ecommerce sales for B2B businesses are expected to reach $36 trillion by 2026, up from a little less than $10 trillion in 2017.
Renewable energy: Global capacity increased by 50% in 2023
2024年2月8日 · The world added 50% more renewable capacity in 2023 compared to the previous year. The COP28 climate talks called for a tripling of renewable energy capacity and doubling energy efficiency improvements by 2030.
Japan ends era of negative interest rates. Here’s why
2024年3月26日 · Japan raised interest rates this month, ending a historic era of negative interest rates. The Bank of Japan said the monetary easing policies "have fulfilled their roles."
Why we need new rules and tools for cryptocurrencies
2021年7月28日 · About 20 CBDCs are in development with the People’s Bank of China planning to replace physical cash with a digital currency known as the e-RMB or digital yuan. Chinese citizens taking part in a pilot project in several cities can download an app and enter a lottery to win money to spend with appointed service suppliers.
How mid-sized businesses are scaling impact using AI in China
2024年6月26日 · The institutions’ AI customer service has handled more than 65,000 user inquiries until now, saving institutions an average of CNY 60,000 (Chinese yuan) in costs per store annually. Moreover, integrating AI into So-Young’s e-commerce platforms personalizes the consumer experience.
Central Bank Digital Currency? How money could be redesigned
2023年1月17日 · Over the past year, an interdisciplinary research team funded by the Bill & Melinda Gates Foundation and including the MIT Digital Currency Initiative, Maiden Labs, University of Virginia, and 13 research teams in India, Indonesia, Nigeria and Mexico examined where existing payments technologies were failing to serve society’s most vulnerable members and whether a Central Bank Digital ...
What's behind China’s cryptocurrency ban? | World Economic Forum
2022年1月31日 · In late September 2021, the People’s Bank of China (PBOC) banned all cryptocurrency transactions.The PBOC cited the role of cryptocurrencies in facilitating financial crime as well as posing a growing risk to China’s financial …
How can we achieve a healthy China by 2030? - The World …
2023年6月28日 · Image: World Economic Forum and L.E.K. Consulting The Chinese government is making progress across these critical areas. The Healthy China 2030 strategic policy, published in 2016 with a subsequent implementation plan in 2019, serves as a guiding framework for progressing health system improvements throughout this decade.