周小川：数字人民币应用重点在零售

China's e-CNY, also known as the digital yuan, is designed for retail transactions for the convenience of people and merchants, rather than to replace the US dollar, said Zhou Xiaochuan, president of the China Society for Finance and Banking.

中国金融学会会长周小川表示，数字人民币是为了零售，为了百姓方便、商户方便，不是为了替代美元。

"The People's Bank of China conducted research and development of the e-CNY as a substitute for cash in circulation, showing PBOC expects the use of the e-CNY to be primarily focused on retail payments, especially bringing more convenience to people through internet and mobile internet terminals," Zhou said at the 2022 Tsinghua PBCSF Global Finance Forum on April 16. Zhou is a former PBOC governor. "
4月16日，在2022清华五道口全球金融论坛上，中国金融学会会长、中国人民银行原行长周小川表示：“中国人民银行强调，研发发行数字人民币，是想把应用的重点放在零售环节，也就是希望能够在零售环节得到应用，特别是借助于互联网和移动互联网终端给大家提供更大的方便。”

We don't exclude the possibility the e-CNY may be used for cross-border payments in the future, but I estimate it will still focus on retail transactions such as cross-border retail transactions," he said, adding the digital yuan will not be used as a weapon.
周小川称：“当然不排除数字人民币未来可能有跨境支付的前景，但是我估计也会注重于零售，跨境零售的应用。”他表示，数字人民币不会被用作武器。