Suzhou 20 million yuan red envelope test has “new ideas”! Digital RMB is expected to expand in the later stage of public beta.

Original title: Suzhou 20 million yuan red envelope test has “new ideas.” The mainland and Hong Kong cross-border payment are undergoing technical tests. The digital RMB and the post-public test period are expected to expand.

Summary

[Prueba de sobre rojo de Suzhou 20 millones de yuanes tiene “nuevas ideas”! Se puede esperar la expansión piloto del renminbi digital en la última etapa de la prueba pública]The digital renminbi is being conducted in an orderly manner in a controlled trial. Following the Shenzhen digital renminbi red envelope pilot, a large-scale digital renminbi red envelope pilot was officially launched in Suzhou. The event will issue 20 million digital RMB consumer red envelopes to eligible Suzhou citizens. Compared to the Shenzhen pilot, this red envelope pilot is not only larger in scale and more participating banks, but also presents online consumer scenarios and performs offline wallet experience testing for the first time. (Journal of economic information)

digitalRMBControllable pilot projects are being carried out in an orderly manner. After the Shenzhen digital renminbi red envelope pilot, a large-scale digital renminbi red envelope pilot was officially launched in Suzhou. The event will distribute 20 million yuan to eligible citizens of Suzhou.consumptionRed envelopes. Compared with the Shenzhen pilot, this red envelope pilot is not only bigger,BankMore, and for the first time to introduce online consumption scenarios and develop an offline wallet experiencetest。

Industry experts suggest that RMB digital pilot cities,BankRich scope and application scenarios It is worth noting that the Hong Kong Monetary Authority is working with the Chinese peopleBankdigitalcoinThe research institute studies the use of the digital renminbi for technical tests of cross-border payments and makes the corresponding technical preparations. In the future, the application of the digital renminbi in cross-border payment scenarios is worth waiting for.

The official WeChat account of the Suzhou Municipal Government Information Office announced on the night of the 4th that, in order to further promote the digital renminbi pilot test, Suzhou was combined with the “Double 12 Suzhou Shopping Festival” to carry out the consumption of digital renminbi red packets in the Suzhou area. The event will issue 20 million RMB consumer digital red envelopes to eligible Suzhou citizens. Each red envelope amounts to 200 yuan, with a total of 100,000 red envelopes.

The “Double 12 Suzhou Shopping Festival” digital renminbi consumer red envelopes are issued in the form of a “lottery draw”. The lottery registration channel will officially open at 0:00 on December 5 and will last until 24:00 on December 6. “An appointment! It will be done in a few seconds.” At the Suzhou government agencyjobsMr. Gu “grabbed” the signature amount for the digital RMB consumer red envelope around 7 am on the 5th. “This is just a lottery, that is, the registration is successful. You have to wait for the result. of the lottery to know that you have not won the lottery. “

In October alone, the Shenzhen Municipal People’s Government and the People’s Bank of the People’s Bank of China launched a pilot digital renminbi red envelope, which issued 50,000 “Luohu digital renminbi red envelopes” for a total of 10 million yuan to individuals in Shenzhen. This event is the first time since the digital renminbi pilot. Large-scale “open beta”. By the end of the event, a total of 47,573 people had received red envelopes, representing 95.15% of the total number of winners. There were 62,788 transactions paid with red envelopes and the amount of payments in red envelopes was 876,423.23 yuan.

Compared to the Shenzhen pilot, the Suzhou pilot issued a greater number of red envelopes and used a wider range. This event will be held by selected merchants and designated online e-commerce companies who have completed equipment upgrades throughout the city of Suzhou, According to official information, the city plans to install about 10,000 consumer terminals that can use red envelopes digital consumption in RMB, covering shopping malls and supermarkets, daily retail, catering consumption and daily life.ServiceAnd other categories.Suzhou People’s Commercial Center is located in Suzhou Ancient Citycentral zone,the mallGeneral ManagerAttendee Xie Xiongfei said that the training and equipment of more than 400 merchants and cashiers here have been improved. “POS machines are mainly updated remotely online by banks. Once the update is complete, the integrated cash register device is very convenient to use,” he said.

More importantly, online consumer scenarios were first introduced in this pilot.JingdongThe mall helps citizens use the digital renminbi to pay when they buy autonomous explosives, becoming the first online arena to access the digital renminbi in the pilot. Furthermore, this event will also select some people to participate in offline wallet experience activities. The so-called offline wallet experience refers to the way that users do not connect to the back-end system when making transactions or transfers under the condition that there is no network or a weak network, but instead verify the identity of the user , confirm the transaction information and make the payment in the wallet. “It is (the central bankDigital currency) Payment can be made without the network. We call it “dual offline payment”, which means that both parties can pay offline. As long as the mobile phone has electricity, the payment can be made even if the entire network is disconnected. “People’s Bank of ChinaMu Changchun, director of the Digital Currency Research Institute, previously said.

“It is very important to introduce online scenarios and test ‘dual offline payment’. The expansion of online scenarios is more conducive to further promotion and use of digital RMB in the future; while offline payment is a difference between digital RMB and other mobile devicesPayment methodsOne of the characteristics of, you can highlight its advantages. Said Dong Ximiao, chief researcher at China Merchants Union Finance.

The activity carried out in the Suzhou area is just a routine test in the digital RMB research and development process, and does not mean that the digital RMB has officially landed. According to the official statement, there is no timetable for the launch of the digital RMB. Yi Gang, the governor of the People’s Bank of China, wrote a few days ago that “steadily advance the research and development of digital currencies, carry out controlled trials in an orderly manner, and improve the legal framework for legal digital currencies. “.

Currently, the digital renminbi is being piloted in Shenzhen, Suzhou, Xiong’an, Chengdu, and in future scenes of the Winter Olympics.Dong Ximiao said that the pilot test cities can be expanded in an orderly manner. On the one hand, Beijing, Tianjin, Hebei and the Yangtze River Delta, including Beijing, Shanghai and Hangzhou, can be added.Digital economyFast-growing cities, on the other hand, can increase the number of western cities with relatively weak financial infrastructure, such as Lanzhou, Urumqi, and Lhasa. He also said that the scope of test benches can also be appropriately expanded, and banks participants will be expanded to the six bigdealOther than the bank, choose a fewSmall and medium bankstake part.

In the next step, the digital RMB application scenarios are also expected to be further enriched. According to official information, at the end of August 2020, more than 6,700 pilot scenarios have been carried out nationwide, covering payment of life, catering services,trafficTravel, shopping and consumption, government services and other fields.Currently, the Digital Currency Research Institute of the People’s Bank of China has reached agreements with many institutionsstrategyCooperation to jointly promote the construction of a digital pilot test ecosystem in RMB These institutions includeJingdongDigital Science, Didi Chuxing, State Grid Xiong’an Financial Technology Group andLakalaWait. “Test scenarios can be further enriched, cooperation with all parties can be vigorously strengthened, innovation of the digital renminbi function can be accelerated, online and offline scenarios can be enriched, and an ecosystem of more complete digital renminbi, ”said Dong Ximiao.

The future application of the digital renminbi in cross-border payment scenarios is also worth waiting for. Hong Kong Monetary AuthorityPresidentYu Weiwen’s latest article claimed that the Monetary Authority is currently working with the Digital Currency Research Institute of the People’s Bank of China to study the use of the digital renminbi for cross-border payments and make the corresponding technical preparations. Yu Weiwen said the use renminbi in Hong Kong is very common, and the digital renminbiPositioninginCirculationUsing cash in China will bring greater convenience to tourists from both places. Although there is no timetable for the launch of the digital renminbi, it is believed that it will provide more payment options for residents of the two places who need to conduct cross-border retail consumption.

universalBlockchainChief economist Zou Chuanwei said that renminbi digital wallets need not be linked to bank cards, which is more open. When the retail central bank’s digital currency is used for cross-border payments, it can be completely independent ofCommercial bankIntermediary function. In theory, foreign users can open digital renminbi wallets, own and use digital renminbi without having a domestic bank account. If foreign merchants have digital renminbi wallets, domestic users can directly use digital renminbi after traveling abroad.

(Source: Daily economic information)

(Responsible editor: DF522)