As the policy of stabilizing growth continues to increase, the distribution of digital renminbi coupons has become a new method for many digital renminbi pilot areas to boost consumption and expand domestic demand in the near future.
According to a reporter from China Securities Journal, China Securities Taurus, since April alone, Guangzhou, Tianjin, Hangzhou, Chongqing, Xiamen, Shenzhen and Xiong'an New Area have issued various forms of digital renminbi consumption subsidies to residents to boost consumer demand. .
Digital RMB consumer coupons issued in multiple cities
On May 31, Xiamen issued car purchase subsidies for the first time in the form of digital renminbi.
During the period from June 1 to June 30, residents can enjoy subsidies for car purchases, with a maximum direct subsidy of 4,000 yuan, and the first 1,500 car buyers can enjoy an additional 200 yuan digital renminbi consumption coupons.
Coincidentally, starting from May 30, Shenzhen Municipal Bureau of Commerce, together with Industrial and Commercial Bank of China, Agricultural Bank of China, Bank of China, China Construction Bank, Bank of Communications, Postal Savings Bank of China, China Merchants Bank, and WeBank, a total of 8 banks issued “Tesco” through the Meituan platform. Shenzhen" 30 million yuan digital RMB red envelope.
It is understood that red envelopes can be used at more than 15,000 designated merchants in Shenzhen that have the function of digital RMB verification.
It is worth mentioning that there are no threshold restrictions on the use of the digital RMB red envelopes that have been awarded.
A few days ago, the red envelope collection of the first phase of the digital RMB full red envelope activity in Xiong'an New District has been fully opened, covering catering, supermarkets, home appliances and furniture.
From May 30 to June 20, consumers located in Xiongan New Area can log in to the "China Xiongan Official Website" WeChat account to enter the event area, click "Convenience Services" and "Enjoy Welfare with Digital Currency" to receive digital RMB red envelopes. .
From the perspective of the amount of red envelopes, there are various types such as 4,000 yuan minus 400 yuan, 2,000 yuan minus 200 yuan and so on.
The scope of application will continue to expand
Industry insiders believe that there are five main reasons why multiple cities choose to issue digital renminbi consumer coupons: first, to boost residents’ consumption; second, to help green consumption and promote the development of environmental protection; third, to promote the popularization of digital renminbi; fourth, to have programmability , through smart contracts to meet the conditions; fifth, traceability, to ensure the effect of the use of funds.
Among them, smart contracts make digital renminbi applicable to a variety of environments, such as directional use, directional crowd, directional scenes, etc.
It is worth mentioning that the traceable nature of digital renminbi can also facilitate operating agencies to track the use of funds and ensure that the funds allocated for digital renminbi consumer coupons play a role in designated scenarios, which means that digital renminbi’s measures to boost consumption are expected to be more accurate and powerful. .
Looking forward to the future, the ecological scenarios of digital renminbi applications are expected to continue to expand, and even drive innovation in business models.
A few days ago, the Guangzhou Municipal People's Government and the Guangzhou Branch of the People's Bank of China jointly issued the "Guangzhou Municipal Implementation Plan for Promoting the Digital RMB Pilot Work".
Guangzhou will accelerate the implementation of 26 types of digital renminbi application scenarios in Guangzhou in 3 phases, focusing on promoting the promotion and application of digital renminbi in 7 key livelihood areas such as food, housing, transportation, tourism, shopping, entertainment, and medicine, and gradually realize digital renminbi. Promotion and application in 11 specific fields such as major events, professional markets, government services, and financial payment, as well as 8 innovative application scenarios such as the Internet of Things, prepayment, and engineering payments, and strive to take the lead in establishing online and offline full scenarios in Guangzhou Digital RMB application ecology.
"The digital renminbi has the functions of conditional payment and guaranteed payment, which can automatically pay transactions according to the conditions and rules agreed upon by both parties under the premise of safety and compliance. This feature enhances the scalability of the digital renminbi and will have huge applications in the future. It has the potential to provide the possibility for application scenario expansion and business model innovation." Zhang Ming, deputy director and researcher of the Institute of Finance of the Chinese Academy of Social Sciences, wrote a few days ago.