Digital RMB application scenarios and pilot scope accelerated expansion
2022-12-22
Recently, Alipay joined the digital RMB acceptance network and opened the access to digital RMB payment function to Taobao users. At the same time, the reporter of the Economic Information Daily found that the pilot areas on the digital RMB app have been further expanded recently. On the basis of 23 regions in the previous 15 provinces and cities, the scope is further expanded to four provinces, namely Guangdong, Jiangsu, Hebei and Sichuan. Jinan, Nanning, Fangchenggang, Kunming and Xishuangbanna Dai Autonomous Prefecture are also added as new pilot regions. The insiders said that the continuous expansion of the pilot application scenarios and pilot areas will help the public to more deeply test the performance of the digital RMB system, enable the digital RMB to quickly settle down to serve the real economy and people's lives, and drive the improvement of the inclusiveness and availability of digital RMB. At the Digital Trade Forum of the first Global Digital Trade Expo held recently, Li Chen, the chief compliance officer of Ant Group, said, "Alipay has joined the digital RMB acceptance network and, as the first payment platform, supports the fast payment function of digital RMB wallet. At the same time, we continue to expand the digital RMB consumption scene with our partners." From December 12, Taobao users have access to the digital RMB payment function in batches. Users can use digital RMB when shopping online. According to the reporter of Economic Information Daily, Taobao has basically opened the digital RMB entrance to all users. In addition, users can also use digital RMB for consumption on Alipay service platforms and scenarios, such as Taobao, Shanghai Bus, Elema, Youbao, Tmall Supermarket, Hema, Himalaya, etc. On the digital RMB app, users can also set the single payment limit and daily cumulative payment limit of Alipay using digital RMB. "Alipay, as the first payment platform to join the digital RMB acceptance network, sent an important signal, which also confirmed that the relationship between digital RMB and third-party payment is not competition and substitution, but the relationship between money and wallet. The addition of Taobao, an online e-commerce platform, will also greatly promote the use and stickiness of digital RMB in daily scenarios." said Wang Pengbo, chief analyst of Broadcom Consulting. While the application scenarios are rich, the digital RMB pilot areas also ushered in another expansion this year. In March this year, the People's Bank of China held a symposium on the pilot work of digital RMB R&D, which required an orderly expansion of the pilot scope. After the two expansions, according to the information on the digital RMB App, the pilot areas currently include: Beijing, Tianjin, Hebei Province, Dalian, Shanghai, Jiangsu Province, Zhejiang (Hangzhou, Ningbo, Wenzhou, Huzhou, Shaoxing, Jinhua), Fujian (Fuzhou, Xiamen), Shandong (Jinan, Qingdao), Changsha, Guangdong, Guangxi (Nanning, Fangchenggang), Hainan, Chongqing, Sichuan, Yunnan (Kunming, Xishuangbanna), Xi'an. "The participation of more regions in the pilot program will help to test and apply digital RMB on a larger scale, more deeply test the performance of the digital RMB system, and help more people experience the charm of digital RMB in advance," said Dong Ximiao, chief researcher of China Merchants Association. In response to the further expansion of digital RMB pilot areas, several scene support institutions also took action
Edit：wangwenting Responsible editor：xiaomai
Source：xinhuanet
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