Haikou, April 13th (Chen Xiaohua) Hainan Branch of the Industrial and Commercial Bank of China, Haikou Central Branch of the People’s Bank of China, and the Sansha Municipal Government held the "Digital RMB, Three Sands Parade" on Yongxing Island, Sansha City on the 12th. ceremony.

Through the full coverage of consumption scenes such as supermarkets, hotels, government canteens, etc., the event turned Yongxing Island, the seat of Sansha City Government, into a true "digital RMB consumption island".

  This event uses the full reduction of digital renminbi consumption as the scene, using ICBC’s merchant acquiring, mobile banking and other systems as the main carriers to provide digital renminbi for Yongxing Island government staff, staff of enterprises and institutions on the island, and resident residents. A discount of 99 yuan is discounted for spending over 100 yuan.

  Digital renminbi is a digital legal currency issued by the People's Bank of China. It has the highest legal effect and security, can realize dual offline payment without relying on the network, and does not charge any fees for public cashing in and cashing out and transfers.

Among the current “10+1” digital renminbi pilot areas in the country, Hainan is the only pilot area in the province.

  Fang Xin, President of the Haikou Central Sub-branch of the People's Bank of China, said that the relatively independent geographical location of Sansha City provides an excellent and ideal test site for China's digital renminbi pilot program.

It is hoped that the Hainan Free Trade Port's digital renminbi will take the lead in setting sail from Sansha, giving priority to the citizens of Sansha, building a good atmosphere of "understanding digital renminbi and using digital renminbi", and turning Sansha into a true "digital renminbi consumption island".

  Deng Zhong, the mayor of Sansha City, said that building Sansha into a true "digital RMB consumer island" is of great significance to Sansha's future development.

During the "14th Five-Year Plan" period, Sansha City will further create better conditions for the cooperation and docking between Sansha and financial institutions.

  Lv Zhongtao, Chief Technology Officer of Industrial and Commercial Bank of China, said that since 2016, ICBC has built more than 80,000 application scenarios in digital government affairs, smart parks, convenient transportation, and smart scenic spots, and has the service support to promote digital RMB applications to the society. Capacity, and has formed a number of distinctive and bright pilot scenarios in Hainan’s residential consumption, transportation, medical education, public payment and other fields.

The digital renminbi consumption activity in Sansha City will bring a new experience of the security and convenience of digital renminbi to residents on the island.

In the next step, ICBC will integrate digital renminbi into Sansha City’s digital government management and people’s livelihood financial services, actively promote the implementation of Sansha’s digital renminbi ecological construction, and empower Sansha’s economic and social development through digital finance.

  Hainan ICBC President Hu Ye said that Hainan ICBC’s services have been rooted in Sansha for 62 years. Under the background of the construction of Hainan Free Trade Port, it is hoped that through digital renminbi consumption reduction activities, the people of Sansha can better understand the digital renminbi and use digital renminbi. Build the "Digital RMB Consumer Island" into a new and beautiful business card for Sansha, allowing financial innovation to give Sansha more charm and vitality. (Finish)