The two-way promotion mechanism between digital RMB and the
digital economy is a research topic of great concern in the field of fintech.
From the perspective of promoting the development of the digital economy, the
promotion and application of digital RMB can promote the intelligentization,
convenience and security of payment methods, and provide a more efficient and
convenient way for data circulation. This convenience will help expand the
e-commerce market scale and activate consumer demand, and at the same time
provide new ideas and support for the transformation and upgrading of
traditional industries. Secondly, the digital economy also plays a key role in
digital currency innovation. Due to the large volume and fast speed of the
digital economy, an instant and low-cost payment system is needed. By analyzing
the mutual influence of digital RMB on the development of the digital economy
and digital economy on digital currency innovation, this paper uses empirical
analysis and intuitive data to reveal the inseparable connection and
interaction between the two, aiming to explain the relationship between digital
RMB and digital economy that is mutually complementary, symbiotic and
prosperous. Through an in-depth discussion of the technical, policy and market
factors covered by the close relationship between the two, it provides a
theoretical basis for building a more healthy, stable and dynamic modern
financial ecosystem.
Author
(s) Details
Wenbo Lyu
Saxo Fintech Business School, University of Sanya, Sanya, 572000, China.
Zhehao Lei
Saxo Fintech Business School, University of Sanya, Sanya, 572000, China.
Please see the book here:- https://doi.org/10.9734/bpi/mono/978-93-48388-89-6/CH29
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