1 thought on “How to use digital renminbi at the Expo”

  1. How to use digital renminbi at the Expo nOn how to use digital renminbi at the Expo. Since October 2020, since the first large -scale public beta in Luohu, Shenzhen, the pilot work of the digital RMB The scene is constantly expanding. How to use digital renminbi at the Expo.
    In how to use digital renminbi at the Expo on the Expo January November 6th, the reporter of the Huaxia Times noticed at the Expo at the Expo, many places can see the recommendation of the use of digital RMB.
    "In addition to the more common digital RMB apps, there are many different forms of digital RMB chip wallet products, such as digital RMB visual chip wallets, wearable wallets, etc. It is convenient to complete the payment immediately when you touch it. "Bank of China staff introduced to the reporter of the Huaxia Times.

    (Digital RMB chip wallet)
    The reporter learned that more than sixty merchants in the Expo Exhibition Hall, more than 100 self -service sales machines, intercontinental hotels, and can reach the venue Sites and other scenarios of Metro Line 2 can be paid using digital RMB. It is worth noting that this is the first time that Digital RMB has been piloted at the exhibition site.
    "The exhibition scene was fully covered at the exhibition scene at the Expo. On the one hand, the pilot work of the digital RMB is expanding in an orderly manner, and on the other hand, it reflects that the digital RMB is fully adopted in promotion methods. The hotspots and specific scenes of the Expo to obtain the recognition of the majority of merchants and users can not only play the role of digital renminbi in the market, but also help expand the influence of digital RMB in China and even the world. " Xiao Rui told this reporter.

    The full coverage of the exhibition scene
    "It is convenient to use, soon, the interface of the app is very beautiful, similar to cash." Reporter said.
    The reporter learned that the Bank of China opened a comprehensive digital RMB display area at the Expo. Through the naked eye 3D interaction, multimedia publicity video and other forms, the latest pilot results in digital RMB wallets, chips, products and other aspects were vividly displayed. Essence
    "For foreigners, only the digital RMB version of the foreign currency exchange machine launched at the scene can be exchanged for the digital RMB of the equivalent value according to the real -time exchange rate announced by the Bank of China according to the real -time exchange rate announced by the Bank of China. And binding bank accounts, "Bank of China staff said.
    The staff also revealed to reporters that at present, foreign currency exchange has supported 17 foreign currency cash. The Expo is the first appearance of a foreign currency exchange machine, which is specially "customized" for the Bank of China for the Expo.
    Wang Fang Fang, the deputy dean of the School of Artificial Intelligence and Digital Economy and Industry of Guangdong University of Finance and Economics, said that the Huaxia Times said that the Expo is an important platform in the new development pattern of two -way circulation in the international and domestic two -way cycle. Scenes to promote digital RMB will produce a significant demonstration role, providing high -standard trials and application fields for the promotion of digital RMB, which will help further promote the process of digitalization and RMB internationalization.
    Wang Fangfang further stated that the comprehensive promotion of digital RMB in the Expo will also have a positive positive effect on the improvement of the expo its own level, improving the level of exhibition services, reducing transaction costs, and improving service efficiency, which will further improve The international popularity and brand degree of the Expo in my country.

    The annual anniversary of the digital RMB pilot
    since October 2020, since the first large -scale public beta in Luohu, Shenzhen, the pilot work of the digital RMB has been expanding.
    In November 3 In the "Hong Kong Fintech Week" Forum on 2021, Mu Changchun, director of the Institute of Digital Monetary of the People's Bank of China, introduced that as of October 22, 2021, 140 million Personal Renminbi Wallet had been opened. There are 10 million corporate wallets, with a cumulative number of transactions reached 150 million, and the transaction volume is close to 62 billion yuan. At present, 1.55 million merchants support digital RMB wallets, covering various aspects such as public utilities, catering services, transportation, shopping and government affairs.
    I. As the second batch of cities for digital RMB pilots, Shanghai is accelerating the pilot work of the digital RMB. On October 27, the General Office of the Shanghai Municipal People's Government released the "Fourteenth Five -Year Plan for the Fortune of the Urban Digital Transformation". It is mentioned that Shanghai will "carry out digital RMB pilots and expand online and online payment, traffic travel, government affairs, and people's livelihood applications."
    The following are the characteristics: First, the pilot area continues to expand, and the number of user entities covered by the coverage and the number of digital RMB wallets has continued to rise. Second, the scene type is richer. Field payment, cross -border payment and other fields; the third is that participating in the currency ecology is more perfect, and various market entities continue to participate and join, such as banks, IT manufacturers, third -party payment companies, large Internet platforms, etc.
    "From the perspective of the pilot situation, the overall solution of my country's promotion of digital RMB is relatively stable. When it achieves large -scale popularization, it should first have mature technical capabilities. The use of digital RMB to ensure its rich application scenarios. Finally, it is necessary to increase the education of digital RMB -related knowledge. Through various incentive measures to cultivate and pay habits, the scale of active users is continuously accumulated and reserved. " Xiao Rui said.
    It Wang Wentao, an associate professor of the School of Economics and Finance of Chongqing University of Technology, told reporters that the impact of digital currency on the formation of the RMB exchange rate formation mechanism is urgent to lay out. With the rise of the modern information technology revolution, digital currency as a new form of virtual assets and financial instruments on financial and currencies has become increasingly strengthened.
    In fact, legal digital currencies have attracted great attention from central banks around the world. About 86 % of central banks are studying or experimenting with the central bank's digital currency (CBDC). In this regard, Wang Wentao believes that the introduction of statutory digital currencies may affect the transmission and exchange rate formation mechanism of monetary policy, which may not only change the demand for basic currencies and its composition, but also change the sensitivity of monetary demand for changes in interest rates, and may also be possible. In countries with high inflation rates and exchanges with high exchange rate fluctuations, China has exacerbated currency replacement.
    Mo. How to use the Digital RMB at the Expo 2nd Import Expo to enter the countdown, the pilot application of the Bank of China Digital RMB will be connected with the characteristic scene of the Expo. "Payment, foreign currency exchange machines in exchange for digital RMB and other experience activities.
    Coltic measures to actively popularize digital RMB
    At this Expo, the Bank of China will take multiple measures to popularize digital RMB knowledge: many eye -catching places in the venue, post countless coins, posters, posters, posters, posters , Let the basic knowledge, open channels, and use methods at a glance at a glance; based on the theme of "digital gathering wisdom, China and silver," the central square of the National Convention and Exhibition Center is opened in the Central Plaza of the Central Plaza. , More vividly and vividly display the latest pilot results in digital Renminbi wallets, chips, products, and other aspects; a variety of different forms of digital RMB chip wallet products can also be seen at the scene, including digital RMB visual chip wallets, alien wallets, wearable wallets, etc. To meet the payment needs of different types of people and different scenarios.

    The technology -enabled payment upgrade, convenient immersion experience
    On digital RMB how to help the elderly and foreign guests alleviate the problem of mobile payment? The Bank will bring a chip wallet experience activity at the Expo. Holding a card, gently touched the payment terminal, completed the payment, and realized the payment from the mobile phone.
    For foreign guests with currency exchanges, this card has a richer function. China Bank will launch a digital RMB version of the foreign currency exchange machine. Holding a passport, no registration and binding bank accounts, users can exchange foreign currency cash to digital RMB on the machine according to the real -time exchange rate announced by Bank of China.
    The convenient and fast payment experience of digital RMB is inseparable from the support of the underlying technology. In the early stage, the Bank of China started to transform and upgrade many self -service machines such as POS systems and on -site coffee machines, cargo sales machines, capsule machines, cultural and creative self -service vending machines such as coffee machines, cargo sales machines, capsule machines, and cultural and creative self -service vendors. Super, shopping, accommodation, and three -dimensional financial service networks, including bus and subway, create a full scene service experience for exhibitors and merchants.
    The original intention of the development of financial inclusive and convenient, the Bank of China will continue to do a good job of supporting services for digital RMB pilots, more clear, more intuitive, and more comprehensively displaying digital RMB to economic production, social life and government governance aspects and other aspects. The innovative plan and huge potential have made the coins a gorgeous bright color of this exhibition.

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