Recently, Zou LAN, director of the financial market department of the central bank, revealed at the 2021 Financial Statistics Press Conference held by the state information office that as of December 31, 2021, China had more than 8.0851 million digital RMB pilot scenarios, opened 261 million personal wallets, and the transaction amount was 87.565 billion yuan.
Chinese reporters from securities companies found that since last year, the participation and operation team of digital RMB has been expanding. In addition to the state-owned banks that first opened the functions related to digital RMB, urban commercial banks including Bank Of Shanghai Co.Ltd(601229) , Bank Of Xi'An Co.Ltd(600928) also successively expanded the application functions of digital RMB in the second half of the year.
"The pilot has effectively verified the technical design and system stability of digital RMB business, product ease of use and scenario applicability, and improved the public's understanding of the design concept of digital RMB." Zou Lan said.
Through visiting some outlets, the reporter found that many banks have issued index tasks to varying degrees. "It is inconvenient to disclose the specific index tasks, but we are promoting the opening of the application of digital RMB wallet to customers." An employee of a bank in East China told a Chinese reporter of a securities firm.
accelerated opening of personal wallet
"As of December 31, 2021, there have been more than 8.0851 million digital RMB pilot scenarios, 261 million personal wallets have been opened, and the transaction amount is 87.565 billion yuan." On January 18, the State Information Office held a press conference on financial statistics in 2021, which was disclosed by Zou LAN, director of the financial market department of the central bank.
according to Zou LAN, at present, the people's Bank of China has carried out digital RMB pilot projects in Shenzhen, Suzhou, xiong'an, Chengdu, Shanghai, Hainan, Changsha, Xi'an, Qingdao, Dalian and the 2022 Beijing Winter Olympic Games, basically covering the Yangtze River Delta, Pearl River Delta, Beijing Tianjin Hebei, central, western, northeast, northwest and other different regions.
"The pilot has effectively verified the technical design and system stability of digital RMB business, product ease of use and scenario applicability, and improved the public's understanding of the design concept of digital RMB." Zou Lan said at the meeting.
In fact, on January 4 this year, digital RMB (pilot version) has been launched in many mainstream application markets. Qualified users can search and download directly in the adaptive application store. Compared with the previous complex operations of people in the pilot area to obtain relevant exchange codes, it is much simpler and more direct.
In only half a month, the cumulative number of downloads in each application market was nearly 25 million. Specifically, for example, the number of downloads in Xiaomi application market has exceeded 4.2 million, and the number of downloads in Huawei application market has exceeded 9.51 million.
digital RMB promotion is more active
Through visiting some outlets, the reporter found that in fact, some banks, especially large state-owned banks, are more active in the promotion of digital RMB. Compared with the closed door internal test or small-scale white list carried out by some banks earlier last year, many banks have issued index tasks to varying degrees. "It is inconvenient to disclose the specific index tasks, but we are promoting the opening of the application of digital RMB wallet to customers." An employee of a bank in East China told a Chinese reporter of a securities firm.
Zou Lan also said at a recent press conference that in the next step, the central bank will continue to steadily promote the pilot research and development of digital RMB in accordance with relevant arrangements, and further deepen the pilot use of digital RMB in retail transactions, living expenses, government services and other scenarios, "Put the R & D pilot of digital RMB into serving the real economy and people's life, so that more enterprises and individuals can feel the value of digital RMB and fully stimulate the enthusiasm of all parties in the industry." Its representation.
From the situation of joint-stock banks, the reporter learned that most of these banks have not carried out large-scale work related to digital RMB. However, some banks have begun to recruit personnel for relevant positions, such as digital RMB operation management, product design and scene development, and there is also a rumor that relevant teams will be established soon.
On the whole, the whole industry is still actively preparing for the digital RMB. "In fact, many people in our industry are not very clear about the progress of digital RMB and the specific scenarios that can be applied in the future." A person from a city commercial bank told reporters that at present, the bank is also watching the progress of relevant actions of large banks and maintaining learning. "The bank is also actively organizing science popularization learning meetings to improve the understanding of all employees".
public awareness can be improved
Whether from the digital RMB red envelopes sent to local citizens in some places or from some feedback from pilot merchants, the whole market is full of reverie about the application space of digital RMB and personal wallet.
As an important driving force of global economic growth, digital economy has also become the focus of public attention. Yi Gang, governor of the central bank, said that the research, development and application of legal digital currency is conducive to effectively meet the public's demand for legal currency under the condition of digital economy, improve the convenience, security and anti-counterfeiting level of retail payment, and boost the accelerated development of China's digital economy.
At present, the digital RMB is still limited to the pilot activities and has not been fully launched, and the public's awareness is also low. Some respondents even told reporters that the digital RMB red envelopes they received have not been put to use because they do not understand the consumption scenarios and methods of digital RMB.
Some market analysts said that at present, China's digital RMB is still in the initial stage of development, and it still takes time for mature application and large-scale expansion of application scenarios. On the one hand, more real users are required to test the application scenario, use experience, bearing scale and other dimensions of digital RMB; On the other hand, at the level of banks and non bank payment institutions involved in circulation, their business access still needs to be mature and subdivided. In addition, it also needs time to cooperate with various institutions to improve the acceptance of digital RMB by merchants and consumers.
