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Jiangsu Province Takes the Lead in Promoting the Application of Digital RMB in Transportation Industry

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On February 27th, the Jiangsu Provincial Department of Transportation recently issued the \”Pilot Work Plan for Digital RMB in the Transportation Industry of Ji…

Jiangsu Province Takes the Lead in Promoting the Application of Digital RMB in Transportation Industry

On February 27th, the Jiangsu Provincial Department of Transportation recently issued the “Pilot Work Plan for Digital RMB in the Transportation Industry of Jiangsu Province”, which proposed to improve the coverage, convenience and payment experience of digital RMB in the transportation industry, and strive to realize and expand the application of digital RMB settlement scenarios in public transport, subway, long-distance bus, highway toll stations and affiliated transportation colleges, Promote the use of digital technology to enable high-quality development of transportation.

The pilot work plan for digital RMB in Jiangsu transportation industry was issued

Interpretation of the news:


The Jiangsu Provincial Department of Transportation has recently released a plan to promote the use of digital RMB in the transportation industry of Jiangsu Province. The plan aims to improve the coverage, convenience, and payment experience of digital RMB and expand its application in various transportation scenarios.

Jiangsu Province is one of the major transportation hubs in China, having a developed transportation network that includes public transport, subway, long-distance bus, highways, and affiliated transportation colleges. With the increasing popularity of digital currency, it has become essential to utilize it in the transportation industry for secure and efficient payments.

The plan proposes the promotion of digital currency settlements in various transportation scenarios, including highways toll stations and public transportation systems. By using digital RMB, the transportation industry can achieve a cashless payment experience, reducing the risk of losses caused by cash transactions. The plan is also aimed at improving the coverage of digital RMB in the transportation industry, making digital payments accessible to everyone.

Moreover, the plan strives to expand the application of digital RMB settlement scenarios that can facilitate high-quality development of transportation in Jiangsu Province. By enabling digital technology, it is possible to promote transportation innovation and enable the transportation industry’s high-quality development.

In conclusion, the plan by the Jiangsu Provincial Department of Transportation to promote the use of digital RMB in the transportation industry is a significant step towards digital payments in China. The plan’s emphasis on improving the coverage, convenience, and payment experience of digital RMB in various transportation scenarios, including public transport and highways, is critical to reducing the risks of cash transactions and promoting digital technology. The plan’s ultimate aim is to achieve high-quality development and promote transportation innovation in Jiangsu Province, which will set an example for other provinces to follow.

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