Chinese embrace digital yuan as China further promotes pilot program

STORY: Chinese embrace digital yuan as China further promotes pilot program DATELINE: May 14, 2022 LENGTH: 00:01:42 LOCATION: GUANGZHOU, China CATEGORY: ECONOMY SHOTLIST: STANDUP(English): YE TING, Xinhua correspondentSOUNDBITE 1(Chinese):LIU YIYING, Manager of Canton Tower Tourism Culture Co.various of GuangzhouSOUNDBITE 2(Chinese): MS. ZHANG, Touristvarious of Guangzhou STORYLINE: China has stepped up efforts to promote the digital yuan with pilot programs. Since 2017, the country has tested the use of the digital yuan in a number of cities, including Guangzhou. STANDUP(English): YE TING, Xinhua correspondent "We are now in the Canton Tower. As China keeps promoting its digital fiat currency, we can use the digital yuan in restaurants, vending machines, stores, and even in the tramcars. Let's have a look. I'm about to enter the station. I have already downloaded the digital yuan application. I can simply use the QR code to take the trams." SOUNDBITE 1(Chinese):LIU YIYING, Manager of Canton Tower Tourism