DiDi Chuxing, the Chinese equivalent to Uber, will be piloting the country\u2019s central bank digital currency, the DC\/EP. Recently, DiDi entered into a strategic partnership with the People\u2019s Bank of China\u2019s Digital Currency Research Institute to solidify the initiative. \u201cUnder PBoC\u2019s overall DCEP strategy and operation timeline, DiDi\u2019s DCEP taskforce will design and implement pilot DCEP projects in accordance with rigorous safety, security, and governance standards,\u201d said a DiDi spokesperson. \u201cThe partnership is a key milestone in DiDi\u2019s ongoing initiatives to enhance the interconnectivity of online and offline economic sectors in China, as the government seeks to support the development of the real economy sectors with innovative financial services.\u201d The partnership will be one of the first large-scale pilot tests of the DC\/EP. DiDi currently offers taxi hailing, private car-hailing, ride-sharing, bike-sharing, and food delivery services. Over 30 million Chinese citizens use DiDi to commute to work daily, and the mobility service claims to have over 550 million registered users on its app.\u00a0 Other countries and regions, such as the United States, Canada, and the European Union have expressed interest or indicated that they were researching and developing a central bank digital currency. But when it comes to the actual development and launch of a CBDC, the Chinese government has made the most progress.\u00a0 Many companies have signed on to pilot the DC\/EP, a few of the most notable companies being McDonald\u2019s, Starbucks, and Subway. And in early April, leaked footage from a Chinese bank showed what the DC\/EP consumer-facing phone-app will look like. Although the Chinese government has not announced an official release date for the DC\/EP, a high-ranking officer at the People\u2019s Bank of China did say that they hope for the DC\/EP to launch before the 2022 Beijing winter Olympics.