[Bank of China Completes First Cross-Border Digital Currency QR Code Payment Between China and Laos] Based on the central bank digital currency cooperation infrastructure project, the Bank of China recently implemented the first cross-border QR code payment transaction using the digital yuan wallet in Laos. According to reports, Chinese tourists in Laos can make purchases without exchanging foreign currency; they simply need to open the digital yuan app and scan the merchant's QR code to complete payments in local currency at the real-time exchange rate. Local merchants in Laos do not need to modify their payment equipment, as the existing system can automatically and compliantly process the funds. (Xinhua News Agency)