Guan Xuan! The pilot area of digital RMB has been expanded again!
reporters learned on April 2 that the Symposium on digital RMB R & D pilot held by the people’s Bank of China (hereinafter referred to as the meeting) revealed that the scope of RMB R & D pilot should be expanded in an orderly manner, and six cities hosting the Asian Games in Tianjin, Chongqing, Guangzhou, Fujian, Fuzhou, Xiamen and Zhejiang should be added to the existing pilot areas, Beijing and Zhangjiakou, Hebei Province will be turned into pilot areas after the pilot of 2022 Beijing Winter Olympic Games and winter Paralympic Games
On March 31, the reporter successfully completed the recharge through the pilot bank app in Guangzhou. The digital RMB wallet payment module is the same as WeChat payment and Alipay payment. The “payment” page is converted into a page containing two dimensional code and bar code. It is reported that some supermarkets and shops in Guangzhou can use digital RMB to pay.
At present, the pilot work of digital RMB research and development is advancing steadily. Since the end of 2019, the people’s Bank of China has carried out digital RMB pilot tests in Shenzhen, Suzhou, xiong’an, Chengdu and 2022 Beijing Winter Olympics in accordance with the principles of stability, safety, controllability, innovation and practicality; From November 2020, six new pilot areas will be added: Shanghai, Hainan, Changsha, Xi’an, Qingdao and Dalian.
The feasibility and reliability of digital RMB related theories, policies, businesses and technologies have been preliminarily verified. By the end of last year, there had been more than 8.0851 million digital RMB pilot scenarios, 261 million personal wallets had been opened, and the transaction amount was 87.565 billion yuan.
digital RMB R & D has new requirements
At present, digital RMB has formed a number of replicable and popularized application modes covering Wuxi Online Offline Communication Information Technology Co.Ltd(300959) , in the fields of wholesale and retail, catering, culture and tourism, government payment and so on.
Major pilot projects such as the 2022 Beijing Winter Olympic Games and the winter Paralympic Games have been a complete success. The users, merchants and transaction scale participating in the pilot have increased steadily, and the market response is good.
The meeting held that with the further promotion of the pilot test, the R & D of digital RMB faces new situations and problems in highlighting convenience, optimizing inclusiveness, highlighting innovation, ensuring security, reflecting compliance and strengthening sustainability, which need to be further studied and explored.
meeting put forward the following specific requirements:
– the digital RMB R & D pilot should adhere to the “people’s character” and play a greater role in expanding the coverage of financial services, improving the level of inclusive financial services, helping local economic development, supporting the construction of digital government, improving the quality and efficiency of financial services to the real economy, and improving the business environment.
– in the process of the development, promotion and popularization of digital RMB, the policy design should fully stimulate the enthusiasm and creativity of financial institutions, science and technology enterprises, local governments and other parties, and encourage competition in promoting the operation.
– we should adhere to the rule of law, carry out all work in accordance with the law, carry out legal construction in a forward-looking manner, ensure the security of the digital RMB system, grasp the relationship between privacy protection and crime prevention, and deeply study the potential impact on the financial system and other aspects.
The meeting made it clear that in the next step, all relevant participants should follow the deployment of the 14th five year plan, adhere to the general tone of seeking progress while maintaining stability, assume their respective responsibilities and cooperate with each other to steadily promote the pilot research and development of digital RMB; Adhere to the “two-tier operation” structure, give full play to the advantageous role of the designated operation organization, and strengthen the pilot application and ecosystem construction; Strengthen the construction of safety and risk prevention and control system, improve relevant laws and regulations and standard system, deepen the research on theoretical issues, and constantly consolidate the pilot foundation of digital RMB research and development.
digital RMB works well in many pilot areas
With regard to the selection of pilot areas for research and development of digital RMB, the white paper on research and development progress of China’s digital RMB issued by the people’s Bank of China last year shows that comprehensive consideration is given to national major development strategies, regional coordinated development strategies, local industrial and economic characteristics and other factors.
The white paper also pointed out that the impact on monetary policy, financial markets and financial stability in the pilot areas is an important test content.
Since the pilot, the digital RMB has worked well in many pilot areas.
In Beijing, the digital RMB pilot has played a positive role in enhancing public awareness and willingness to use it. It has also laid a foundation for Beijing to build an international consumption center and a smart city and build a benchmark city for the global digital economy.
Based on the scientific and technological Winter Olympics and building a smart Winter Olympics, Beijing has piloted the deployment of digital RMB innovative application scenarios such as unmanned vending vehicles, self-service vending machines and unmanned supermarkets, and launched digital RMB wearable payment devices such as payment gloves, payment badges and payment clothes.
At the end of 2021, the construction of the payment environment for the Winter Olympics outside the closed loop ended, and the pilot of the digital RMB Winter Olympics scene was steadily promoted, creating a safe, convenient and efficient digital RMB payment environment for the high-tech Winter Olympics.
By the end of the winter Paralympic Games, Beijing had opened 11.945 million digital RMB personal wallets and 1.424 million corporate wallets, with a cumulative consumption amount of 10.43 billion yuan.
In Shenzhen, the digital RMB has gradually been accepted by more citizens in the process of many rounds of pilot trials. By the beginning of this year, Shenzhen had initially established a digital RMB ecosystem with both application scenarios and consumer groups – launching 264 pilot activities in various forms, using digital RMB to distribute special funds to 2422 small and micro enterprises, and accepting more than 300000 merchants
During the Spring Festival this year, Shenzhen also completed a “big training” of digital RMB – six pilot banks, including industry, agriculture, China Construction, transportation and postal savings, issued a total of 25 million yuan of digital RMB red envelopes to Shenzhen citizens.
A person from the digital RMB project team of a large state-owned bank told reporters that with the improvement of the acceptance environment and degree of digital RMB, more citizens will use digital RMB. “In the past, it was a white list system. Digital RMB was sent in the form of red packets through registration, usually in the form of T + 1 and T + 2. Now it is sent in real time. In addition to sending red packets, it also has the function of online payment.”
meituan’s rapid action for new pilot areas
With the shortlisting of a new batch of pilot cities, some companies have made a hot line layout. Meituan announced today that it will issue digital RMB consumption subsidies to the residents of the third batch of pilot cities.
From now on, residents of 11 new digital RMB pilot cities such as Guangzhou, Tianjin and Chongqing can open meituan app to search “digital RMB”, complete registration and receive a digital RMB consumption gift bag worth 40 yuan.
It is understood that the consumption subsidy covers more than 200 kinds of daily consumption scenes of people’s livelihood, such as offline clothing, food, housing and transportation of urban residents. Consumers can use it when trying digital RMB in the way of dining in the store or taking out, shopping and watching movies.
meituan said that with the extensive penetration of digital RMB into people’s daily life scenes such as catering, takeout, shopping and so on, its value of boosting consumption and service entities is further highlighted. The distribution of people’s livelihood consumption gift packs in the new pilot cities aims to further stimulate the inclusive value of digital RMB, accelerate the popularization and promotion of digital RMB in the new pilot cities, drive the recovery of local consumption and help local economic development
According to meituan, since meituan opened the digital RMB full scene payment channel and launched the digital RMB livelihood consumption subsidy in January this year, it has driven various livelihood consumption by 6.4 billion yuan. Among them, more than 92% of the digital RMB people’s livelihood consumption subsidies flow to small and high-frequency consumption scenes in people’s daily life, such as takeout, vegetable shopping and catering, which effectively drives the recovery of offline consumption and the development of small and micro entity merchants.
