China not in hurry to develop digital currency: central bank governor

 

Zhou Xiaochuan, governor of the People's Bank of China (PBOC), answers questions at a press conference on financial reform and development on the sidelines of the first session of the 13th National People's Congress in Beijing, capital of China, March 9, 2018. (Xinhua/Li Xin)

BEIJING, March 9 (Xinhua) -- China is in no hurry in developing a digital currency, Zhou Xiaochuan, the country's central bank governor, said here Friday.

The development of a digital currency should be a prudent progress and avoid excessive speculation, Zhou said at a press conference on the sidelines of the annual session of the National People's Congress.

He added that the financial sector should focus on serving the real economy.