Abstract

With the growing development of digital economic and network industry, digital RMB will become an important element of digital finance in China's digital economy. This paper analyses the design features, research and development motivation and other principles of digital RMB over the years, compiles the development process and operation mechanism, and discusses the future tendency of digital RMB to give some development suggestions. Firstly, the digital RMB needs to speed up the legislative process to avoid the frequent occurrence of crimes. Secondly, as a member of the leading development team, digital RMB can be considered to be promoted to the international market to facilitate cross-border transactions and international communications. Finally, the digital RMB is currently being piloted in a single scene and needs to be transformed into a wholesale digital currency in order to be more likely to avoid international risks and participate in international competition.

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