Digital renminbi

Okay kiddo, let's talk about digital renminbi. First of all, do you know what money is? Money is something that we use to buy things like toys or candy. But instead of using real paper or coins, digital renminbi is a special kind of money that you can only use on a computer or a phone.

Digital renminbi comes from China and is created by their government, kind of like how your parents give you allowance money. The government wants to make it easier for people to use money without having to carry cash around. So they made digital renminbi which you can use to pay for things without having to use a physical card or cash.

But how does it work? Well, digital renminbi is like a code that is stored on a computer or a phone. You can use it to pay for things at stores or online, just like how you use regular money. And the best part is that it's really safe to use because it's hard to steal digital renminbi and it's easy to track where it goes.

So that's my explanation of digital renminbi, kiddo. It's like special digital money that comes from China and is used to buy things on the computer or phone. Pretty cool, right?