Is china rolling out digital yuan soon?
6 answers from our tutors
Best answer
The digital Yuan (known as the e-CNY) is already available. The app can be downloaded in 23 cities in China. There are currently seven commercial banks that are eligible to provide the e-CNY: ICBC, Agriculture bank of China, Bank of China, China construction bank, Bank of communications, Postal Savings bank of China and the China Merchant's bank. Two online banks are also available: WeBank (WeChat Bank) and MyBank (Alipay)
In fact, wechat and Alipay are another form of digital currency in our country
- AngelinaI teach Chinese & English. Please inquire about the time before booking. Thank you🙏
Nowadays still 支付宝Alipay & 微信 WeChat pay are the most popular ones in China
We don’t use the “digital quan “, it is completely different concept .just we pay everything by on line .”数字货币”
Actually Chinese people are already using digital yuan。We don't carry cash with us now。We pay with our phones。
Yea, digital currency Yuan was rolling out at the beginning of this year , but it is because of the pandemic situation that influenced everything here in China, not many promotions were done and not many people know it . We still usually use e-currency which we don’t need cash at all, which is super convenient for everyone, so we don’t need the digital yuan.😁😁
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- How long do you think it will take for an English speaker to learn Chinese?
Do you believe it's possible to start learning it effectively, or do you think it will require a significant amount of time and effort?
Best answer
Language is a skill, you should to use it constantly, and it depends on how often you review it and use it. As a Chinese teacher I can help you review and learn new things at the same time. We will take about 1-3 lessons to learn pinyin and 1-3 lessons to learn characters. And then you need take a long time to learn new words, grammars and expressions. During this time, you must not only learn it, but also find opportunity to use it. For example, watch Chinese TV show, listen Chinese music and so on.
