This time 1 1 city is included in the pilot area of digital RMB, which is the national legal tender, with simple acquisition process, outstanding advantages of non-contact payment and emphasis on personal privacy protection. This time 1 1 city is included in the pilot area of digital RMB.
This time 1 1 cities were included in the pilot area of digital RMB, and 1 digital RMB ushered in the third batch of pilot cities. At the symposium on the pilot research and development of digital RMB held recently, the central bank said that it would steadily promote the pilot research and development of digital RMB, expand the scope of the pilot in an orderly manner, and add Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang as pilot areas on the basis of existing pilot areas;
The six cities hosting the Asian Games are Hangzhou, Ningbo, Wenzhou, Shaoxing, Jinhua and Huzhou.
Beijing and Zhangjiakou City, Hebei Province were transformed into pilot areas after the pilot of the 2022 Beijing Winter Olympics and Winter Paralympics.
According to the reporter of Cailian, major banks and platform institutions have been deployed in the third batch of pilot cities. For example, in Hangzhou, some big banks have issued tasks related to the promotion of digital RMB; In Guangzhou, users can download and register digital RMB applications. In addition, Meituan also announced that it would provide digital RMB people's livelihood consumption subsidies to the residents of the third batch of pilot cities.
Dong Ximiao of Zhilian Finance said that from the third batch of pilots, the layout of digital RMB is more reasonable. The third batch of pilot projects selected six cities within the jurisdiction of Zhejiang Province, or mainly considered the scene of this year's Asian Games; At the same time, this time, we also took into account the relevant cities in the north, southwest and south China, and comprehensively promoted the relevant pilot work of digital RMB. Moreover, these cities have previously included the application for digital RMB pilot cities in the relevant government work plans.
Dong Ximiao believes that joining more regional pilots will help to test and apply digital RMB in a wider range, test the performance of the digital RMB system in depth, and help more users experience the charm of digital RMB in advance.
Wang Pengbo, an analyst in the financial industry of Broadcom Consulting, also said that it is a good window for the central bank to launch the third batch of pilot areas. In the current weak consumer demand, the expansion of digital RMB will help promote consumption activities in the pilot areas, and local governments can take this opportunity to stimulate consumption. At the same time, digital RMB is mainly based on small and high-frequency life scenes, and it can also better serve people's livelihood.
"On the basis of the success of the previous pilot, accelerating the pilot cities of digital RMB can better cover the retail and life service scenarios, make the use of digital RMB settle in the real economy and people's lives faster, and help promote the inclusiveness and availability of digital RMB." Wang Pengbo said.
The central bank meeting pointed out that at present, digital RMB has formed a number of online and offline replicable and scalable application models in the fields of wholesale and retail, catering, cultural tourism and government payment. In 2022, major pilot projects such as the Beijing Winter Olympics and the Winter Paralympics were a complete success. The number of users, merchants and transactions participating in the pilot projects increased steadily, and the market responded well.
According to the information previously disclosed by the central bank, as of 200211February 3 1 day, there have been more than 8085 1 10,000 pilot scenarios of digital RMB, and a total of 26 1 100 million personal wallets have been opened, with a transaction amount of 87.565 billion yuan.
However, as for when the digital RMB will be promoted nationwide, people in the industry generally believe that it will take some time, and the formal issuance of digital RMB still needs to make institutional and technical arrangements.
Dong Ximiao said that in the current relevant laws, RMB is divided into banknotes and coins, while digital RMB, as a new form of RMB, has not yet been written into relevant laws. Therefore, China needs to improve its legal and regulatory framework first. Before the digital RMB is officially issued, the central bank needs to further test the system to ensure the safe and stable operation after the full launch.
At the same time, he believes that the application of digital RMB in the whole scene is the key to becoming the mainstream payment method in the future, so scene expansion is also one of the topics that need to be faced in the next digital RMB pilot process.
Wang Pengbo also suggested that the digital RMB should continue to cover more small and high-frequency consumption scenarios, such as using the Internet platform to improve the coverage of merchants and scenarios. Digital RMB needs to explore more promotion models that can continuously increase user stickiness and explore ways to form a virtuous circle of digital RMB business models.
In addition, Wang Pengbo also believes that the characteristics of digital RMB, such as "payment is settlement", "smart contract bearing" and "unification of information flow and capital flow", are conducive to solving problems in the fields of directional payment and credit financing, so digital RMB can further innovate related application scenarios in B-side payment and enterprise payment.
The city of 1 1 was included in the pilot area of digital RMB. On April 2, Meituan announced that it would distribute people's livelihood subsidies in the form of digital RMB to the residents of the third batch of pilot cities. From now on, residents of new pilot cities of 1 1 digital RMB, such as Guangzhou, Tianjin and Chongqing, will open Meituan App to search for "digital RMB" and complete the registration, so that they can receive the digital RMB consumption spree worth 40 yuan.
A few days ago, the People's Bank of China held a symposium on the pilot research and development of digital RMB, and announced the orderly expansion of the pilot scope. On the basis of the existing pilot areas, Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang are newly added as pilot areas.
It is understood that consumer subsidies cover more than 200 daily livelihood consumption scenarios such as online food, clothing, housing and transportation for urban residents. Consumers can eat or sell meals, buy food and watch movies in the store.
Meituan said that with the wide application of digital RMB in people's daily life scenes such as food and beverage take-out, food and shopping, its value of boosting consumption and service entities is further highlighted. The distribution of people's livelihood consumption spree in new pilot cities aims to further stimulate the inclusive value of digital RMB, accelerate the popularization of digital RMB in new pilot cities, and at the same time promote the recovery of local offline consumption and help local economic development.
Meituan said that since the Meituan opened the digital RMB full-scene payment channel and launched the digital RMB livelihood consumption subsidy in June 5438+ 10 this year, it has driven all kinds of livelihood consumption of 6.4 billion yuan. Among them, more than 92% of the digital RMB people's livelihood consumption subsidies flow to small high-frequency consumption scenes in people's daily lives such as take-away, grocery shopping and catering. It has effectively promoted the recovery of offline consumption and the development of small and micro-entity merchants.
The city of 1 1 was included in the pilot area of digital RMB, and the third batch of pilot cities of digital RMB was released.
Recently, the People's Bank of China held a symposium on the pilot research and development of digital RMB, and announced the orderly expansion of the pilot area, adding Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang to host the Asian Games on the basis of the existing pilot areas.
The meeting requested that, in the next step, all parties concerned should follow the "14th Five-Year Plan", adhere to the general tone of striving for progress while maintaining stability, and work together with Qi Xin to steadily push forward the digital RMB R&D pilot.
Expand the scope of the pilot in an orderly manner, and add Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang on the basis of the existing pilot. After the pilot projects of Beijing Winter Olympics and Paralympic Winter Games in 2022 are completed, Beijing and Zhangjiakou, Hebei Province will be transformed into pilot projects.
Re-expansion of the pilot area
At present, digital RMB has formed a number of online and offline replicable and scalable application models in the fields of wholesale and retail, catering, cultural tourism and government payment. In 2022, major pilot projects such as the Beijing Winter Olympics and the Winter Paralympics were a complete success. The number of users, merchants and transactions participating in the pilot projects increased steadily, and the market responded well.
The meeting pointed out that with the deepening of the pilot, the research and development of digital RMB is facing new situations and new problems in highlighting convenience, optimizing inclusiveness, highlighting innovation, ensuring safety, embodying compliance, and strengthening sustainability, which requires further research and exploration.
At present, the People's Bank of China has launched digital RMB pilot projects in Shenzhen, Suzhou, Xiong 'an, Chengdu, Shanghai, Hainan, Changsha, Xi 'an, Qingdao, Dalian and the 2022 Beijing Winter Olympics, covering the Yangtze River Delta, the Pearl River Delta, Beijing-Tianjin-Hebei, the central and western regions, the northeast and the northwest.
According to the latest data, as of 202 1, 12, 3 1, the number of pilot scenarios of digital RMB has exceeded 8085 10000, and a total of 26 100000 personal wallets have been opened, with a transaction amount of 87.565 billion yuan.
According to the pilot scheme of digital RMB "10+ 1" previously announced by the People's Bank of China, the pilot scenario of the Winter Olympics is "1". Digital RMB has become one of the main ways of on-site payment in the Winter Olympics, and has achieved good performance and achievements.
Recently, Wang Wei, deputy governor of Bank of China, said that on the one hand, the stability of digital RMB products and systems has stood the test. The pilot population of the Winter Olympics covers athletes, media, volunteers, spectators and other domestic and foreign customers. During the pilot period, there were no product problems and system failures, and zero errors, zero failure and zero complaints were achieved. A number of products such as digital RMB APP and hard wallet have been verified by the market.
In addition, the digital RMB is universal, convenient and popular. Digital RMB is the national legal tender, with simple acquisition process, outstanding advantages of non-contact payment, attention to personal privacy protection and compliance with epidemic prevention requirements, so it has been praised and sought after by athletes, volunteers and audience. In addition, in other pilot areas, the number of digital RMB wallets of Bank of China has also increased exponentially, and the ecological construction of the scene has been accelerated in an all-round way.
Wang Wei said that he will make good use of the experience of the Winter Olympics, promote the products of the Winter Olympics, carry forward the spirit of the Winter Olympics, give full play to the innovative advantages of hard wallets and the Internet of Things, continue to steadily carry out pilot research and development of digital RMB, and constantly optimize the construction and service level of the digital RMB system. Fully mobilize all kinds of resources, deeply integrate digital RMB into strategic scenarios such as consumer finance, inclusive finance and green finance, and constantly improve the construction of digital RMB ecosystem.
By covering online platforms, educational campuses, bank-bank cooperation, supermarkets, transportation, government and people's livelihood and other fields, it meets the various needs of the public for "food, housing, transportation, travel, shopping and entertainment" and hopes to become the first choice bank for everyone to use digital RMB in the post-Winter Olympics era.
Help the recovery of physical exertion.
The central bank stressed that the pilot research and development of digital RMB should adhere to the principle of "people-oriented" and play a greater role in expanding the coverage of financial services, improving the service level of inclusive finance, helping local economic development, supporting the construction of digital government, improving the quality and efficiency of financial services, and improving the business environment.
We must adhere to marketization. In the development, promotion and popularization of digital RMB, policy design should fully stimulate the enthusiasm and creativity of financial institutions, technology enterprises, local governments and other parties, and encourage competition in the promotion and operation. We should persist in governing the country according to law, carry out all work according to law, carry out forward-looking legal construction, ensure the security of the digital RMB system, grasp the relationship between privacy protection and crime prevention, and thoroughly study the potential impact on the financial system.
After the central bank announced the list of new pilot cities, the on-site support institutions responded to the first important action to expand the pilot scope of digital RMB in an orderly manner.
The First Financial Reporter learned from the US Mission that the US Mission announced that it would distribute digital RMB people's livelihood consumption subsidies to the residents of the third batch of pilot cities. From now on, residents of new pilot cities of 1 1 digital RMB, such as Guangzhou, Tianjin and Chongqing, will open Meituan APP to search for "digital RMB" and complete the registration, so that they can receive the digital RMB consumption spree worth 40 yuan.
Meituan said that since June 5438+ 10 this year, Meituan has opened a full-scene payment channel for digital RMB, and launched a subsidy for people's livelihood consumption in digital RMB, driving all kinds of people's livelihood consumption to 6.4 billion yuan. Among them, more than 92% of the digital RMB people's livelihood consumption subsidies flow to small high-frequency consumption scenes in people's daily lives such as take-away, grocery shopping and catering. It has effectively promoted the recovery of offline consumption and the development of small and micro-entity merchants.
In fact, boosting consumer demand with digital RMB red envelopes has become the mainstream trend of the new round of digital RMB pilot projects. Recently, the Shenzhen Municipal People's Government issued "Several Measures for Shenzhen to Further Help Market Subjects to Solve the Problem of COVID-19 Epidemic", which clearly put forward the plan to arrange 500 million yuan to distribute consumer vouchers, promote the distribution in the form of digital RMB red envelopes, and drive the formation of consumption hotspots.
People in the industry generally believe that, based on the positioning of meeting the domestic retail payment demand, with the pilot entering the "third stage" covering more regions and a wider population, digital RMB will put more emphasis on the in-depth penetration of people's lives and the effective promotion of people's livelihood consumption.
Wang Pengbo, a senior analyst in the financial industry of Broadcom Consulting, said that the Internet platform has become the main entrance for the public to contact the digital RMB in their daily lives, which can promote the improvement of the inclusiveness and accessibility of the digital RMB in a wider range, thus helping the recovery of industries closely related to people's livelihood consumption, especially the service industry.
Related industrial chains will benefit.
It is worth noting that despite the rapid development of digital RMB, compared with traditional electronic payment methods, the number of digital RMB payments accounts for less than 1% of the total amount, which has broad development prospects. With the pilot project covering more areas and a wider population in the future, digital RMB will pay more attention to the in-depth penetration of people's daily lives.
The research report of China Merchants Securities pointed out that with the popularization of digital RMB, industrial chain enterprises will benefit from it. Among them, hardware equipment manufacturers will benefit from the market opportunities brought by digital RMB hard wallets. Software developers will benefit from the business growth brought by the upgrading of foreign banking systems. In addition to the above two industries, digital authentication and digital encryption related to digital RMB will also gain development opportunities and deserve continuous attention.
The central bank said that it will adhere to the "two-tier management" structure, give full play to the advantages of designated operating institutions, and increase pilot applications and ecosystem construction. Strengthen the construction of safety and risk prevention and control system, improve relevant laws, regulations and standards, deepen the research on theoretical issues, and constantly consolidate the pilot foundation of digital RMB research and development.