CBDC will be China’s digital priority; wake-up call over income losses
Monday 7 February 2022 – Vol.13 Ed.6.1
Commentary: Marching forward with China’s state digital economy
By Herbert Poenisch in Beijing
China’s National Development and Reform Commission unveiled plans last month to expand the country’s digital economy. It added a target to China’s 14th Five Year Plan to increase the sector’s gross domestic product contribution to 10% by 2025, up from 7.8% in 2020. This might be surprising in view...