Bac Kinh will pay a registration fee of 1.55 million USDIllustration. (Source: Reuters)

The capital of Beijing, China issues money digital worth 10 million yuan (about 1.55 million USD) to locals today (February 7) to boost consumption during the upcoming Chinese New Year holiday.

According to Beijing Municipal Financial Watchdog, the digital yuan will be issued via lottery in red virtual envelopes with a value of 200 yuan per room.

From Sunday (February 7) to Monday (February 8), locals can apply for the lottery on the mobile app, and results will be announced on February 10.

[Đồng nhân dân tệ số hóa: Đối thủ đáng gờm của đồng bạc xanh]

Lottery winners can spend copper digital yuan from February 10 to February 17 at the online shop and selected physical stores, including clothing, footwear, movie theaters, hotels and other fields.

The use of digital currencies in consumption is especially recommended during winter sports activities as the city is preparing for pilot use to add new forms of currency during the upcoming Winter Olympics. year 2022.

In addition to Beijing, several Chinese cities, including Shenzhen and Suzhou, have also piloted the introduction of the digital yuan last year.

Van Anh (VNA / Vietnam +)