Focus on Arts and Ecology

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Beijing subway network accepts digital currency

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July 2, 2021

Subway commuters in Beijing can now pay their fares using China's central bank digital currency, digital yuan according to the Beijing Municipal Commission of Transport.

With the latest move of China accelerating its national roll out of digital yuan, the payment option is available on all 24 subway and four suburban railway lines, but currently only those with an ICBC (Industrial and Commercial Bank of China) account can make use of it, said the agency.

Beijing's rail transit lines plan to explore the wider application of digital yuan in more scenarios to improve the digital travel experience for passengers, the agency added.

(Sources: China Report)

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