Chinese cities begin to pay public employees in digital yuan

Move in Changshu marks next phase to encourage e-currency's adoption

20230504N digital yuan REUTERS

China has been researching into the digital yuan since 2014. © Reuters

IORI KAWATE, Nikkei staff writer

BEIJING -- More Chinese civil servants have begun to be paid entirely in digital yuan, joining some of the country's bank employees as a new phase begins to promote the currency.

Changshu, a city in Jiangsu province, will switch to digital yuan direct deposits for public sector employees this month. The move follows a similar action taken by a local regional lender earlier this year.

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