The financial budget units in Baoding City, Hebei Province have implemented the distribution of salaries in digital RMB by the end of May
ChainCatcher news, according to Hebei News Network, in accordance with the deployment requirements of the provincial and municipal "Digital Renminbi Pilot Work Implementation Plan," the Finance Bureau of Baoding City, Hebei Province, is actively promoting the application of digital renminbi in the field of financial funds. The city's Finance Bureau, in collaboration with the local Financial Regulatory Bureau and the Baoding branch of China Construction Bank, took the lead in implementing the digital renminbi salary payment for fiscal budget units at the end of May, making it the first in the province. (source link)
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