Chinanews.com, Haikou, December 9th (Xia Jianbo Qu Yishen) Hainan Province’s digital renminbi contracted tax payment service was launched in Hainan on the 9th, and the service can be used in Hainan Province for Industry and Commerce, Agriculture, Construction, China, Transportation and Postal Savings Bank from today. Wait for 6 financial institutions to handle it.

  Currently, digital RMB contracted tax payment services are piloted in 7 cities and counties including Haikou, Danzhou, and Qionghai.

As of the morning of the same day, 27 tripartite agreements for digital RMB wallets have been successfully signed, and 9 successful payments have been made.

  At the launch ceremony of the digital renminbi contracting and payment business, several business representatives experienced it on the spot.

"It took only two minutes today to complete the signing and payment of the tripartite agreement. The first time you use digital renminbi to pay, you can clearly see the payment and balance. The payment speed is very fast and very convenient. Moreover, digital renminbi is relatively convenient. The specific advantages of other electronic currencies, such as security, convenience, and privacy, are more reassuring." After experiencing digital RMB payment, Liu Li, assistant general manager of Zheshang Zhongtuo Group (Hainan) Co., Ltd., said.

  Since the beginning of this year, the Hainan Provincial Taxation Bureau has cooperated with the Haikou Central Branch of the People’s Bank of China to use the pilot digital renminbi as an opportunity to start from the government revenue side, explore and innovate to reconstruct the electronic tax payment business process to support digital renminbi withholding taxes and fees. With the full support of the head offices of six state-owned banks including China Construction, Communications and Postal Savings, the digital renminbi contracted tax payment service was realized in just two months.

  The person in charge of the Haikou Central Branch of the People's Bank of China introduced that currency is the most basic financial infrastructure, and the change in currency morphology reflects the progress of production technology.

The digitization of the RMB is a product of the development of information technology and a future trend.

Supporting digital renminbi tax payment not only expands the way taxpayers pay taxes and fees, and is conducive to further improving the business environment, but is also an important measure to implement the "14th Five-Year Plan" of the Hainan Provincial Party Committee and the Provincial Government on the financial industry, in order to create a free trade port. The digital renminbi ecosystem contributes the power of the national treasury.

  "The Hainan Provincial Taxation Bureau continues to make efforts to deepen the reform of decentralization, regulation and service, and optimize the new model of convenient taxation. It has signed a tripartite entrusted payment agreement and agreement with the Haikou Central Branch of the People's Bank of China and other financial institutions. The deduction provides a new way for taxpayers to pay taxes, and the convenience of tax processing will once again be greatly improved." said Chen Ping, member of the Party Committee and Chief Economist of the Hainan Provincial Taxation Bureau.

  Liu Lei, Secretary of the Party Committee and Director of the Hainan Provincial Taxation Bureau, said that Hainan’s pilot digital renminbi and actively explore the digital renminbi wallet to sign a tripartite agreement to pay taxes is a specific practice of Hainan’s taxation to help the construction of the free trade port "Hainanization". The innovative measures of "digital" tax control are also a major innovation in the province's digital renminbi pilot work, which further enriches the application scenarios of digital renminbi, and is of great significance for promoting the transformation of Hainan's digital economy and building a digital renminbi ecosystem in the free trade port.

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