The reporter learned from Bank Of Communications Co.Ltd(601328) today that recently, Bank Of Communications Co.Ltd(601328) Shanghai Branch, together with Shanghai Pudong New Area employment promotion center and relevant streets, successfully issued digital RMB employment subsidies to help the people.
It is reported that this is the first time that Shanghai has issued employment subsidies in the form of digital RMB. This further enriches the application scenario of digital RMB and provides a new path for the supervision of employment subsidy funds.
Ms. Li, one of the first Shanghai citizens to receive the digital RMB employment subsidy, said happily: “the employment subsidy has directly hit my digital RMB wallet, which is intuitive and safe.”
The relevant person in charge of BOCOM said that digital RMB has the characteristics of “payment is settlement” and convenience and security, which is of great significance in helping China’s digital economy development and improving the operation efficiency of currency and payment system.
With the digital RMB APP pilot version of the whole line “shelves”, successfully access WeChat and Alipay, the application scenario is rapidly expanding. Not only daily consumption such as clothing, food, housing and transportation, but also new scenes closely related to the development of digital cities such as e-government are emerging.
This week, in addition to Shanghai issuing employment subsidies in the form of digital RMB for the first time, Xiangcheng District of Suzhou also provided the option of digital RMB in the scene of paying legal fees.
At the beginning of the year, the general office of the State Council issued the overall plan for the pilot of comprehensive reform of market-oriented allocation of factors, which required to increase the supply of effective financial services and support the pilot use of digital RMB in retail transactions, living payment, government services and other scenarios.
Digital government services often have high viscosity users and high-frequency transaction scenarios, including social security, medical and health care, living payment, electronic certification and other aspects. “With the implementation of financial inclusion, the account loose coupling feature of digital RMB can help more users without bank accounts to access financial services with a lower threshold, and the combination of government services as just needed and digital RMB can help more people easily complete the payment of life government services.” She Yunfeng, editor in chief of the digital legal currency research society, said.
Xiangcheng District of Suzhou is one of the first areas to carry out digital RMB pilot. This year, Xiangcheng District used digital RMB to pay legal fees for the first time, which greatly improved the efficiency of handling cases and the standardization of case fund management.
“After the parties scan the code and pay through the proprietary virtual account, the money can reach the main account of the court in real time and safely, and automatically correspond to the corresponding case to ensure the accurate correspondence of case, money and person.” Xiangcheng District official said.
Not only Xiangcheng District, Suzhou City, Jiangsu Province, but also Guangdong Province is planning the application of digital RMB in the judicial field.
At the end of last year, the publicity of the projects to be supported by the special fund for promoting high-quality economic development (Financial Development) of Guangdong Province in 2022 was released. As the reporting unit, Guangzhou local financial regulatory bureau plans to implement the “construction project of digital RMB payment and settlement and judicial deposit system based on the characteristic scene of Dawan district”. Based on the characteristic scenes of Dawan District, the project constructs the model of digital RMB payment and settlement and judicial deposit and certificate system, so as to lay a good foundation for the pilot demonstration and promotion of digital RMB in Guangzhou.
The application of digital RMB in the tax field is becoming a reality.
Last November, with the completion of the country’s first digital RMB tax payment and warehousing business of “fiscal and tax Treasury bank T + 0 mode” in xiong\’an new area, it marked the successful implementation of digital RMB tax payment business in xiong\’an new area. At the same time, the first digital RMB social security payment business in Sichuan Province was officially launched at the tax window of Chengdu Tianfu new area, further broadening the application scenario of digital RMB and improving the payment experience of payers.
At the end of last year, the country’s first digital RMB tax rebate business was successfully handled in ABC Dalian Branch, marking that Dalian took the lead in realizing the full scene coverage of budget revenue and expenditure rebate business in the financial field.
“With the access to WeChat and Alipay platforms, the application scenario of digital renminbi is far from being purely consumption. Digital city scenes such as e-government can be used in the future, and the scene is more diversified.” Liu Bin, director of the Financial Research Office of Shanghai Pudong reform and Development Research Institute, said.
At present, the application of digital RMB in the field of e-government is still advancing. Beijing Haidian District also announced that it will carry out digital RMB promotion activities, focusing on health and other fields, and constantly expand the application scenarios of digital RMB.
(source: Shanghai Securities News)
