China plan bolsters cross - border payments , digital yuan The plan , to be implemented during the 2021- 2025 period , was published by four government agencies including China 's central bank . A sign indicating digital yuan , also referred to as e-CNY, is pictured at a shopping mall in Shanghai, China | Photo Credit: Reuters The plan , to be implemented during the 2021- 2025 period , was published by four government agencies including China 's central bank . China will strengthen its cross - border yuan payments system and explore setting up infrastructure standards for a...