The central bank and other 4 ministries and commissions jointly issued a document with the Zhejiang provincial government: supporting the development of the digital renminbi pilot

Mobile Payment Network News: On March 18, the People’s Bank of China, China Banking and Insurance Regulatory Commission, China Securities Regulatory Commission, State Administration of Foreign Exchange, and Zhejiang Provincial People’s Government jointly issued the “Demonstration on Financial Support for Zhejiang’s High-quality Development and Construction of Common Prosperity”. District Opinions.

The central bank and other 4 ministries and commissions jointly issued a document with the Zhejiang provincial government: supporting the development of the digital renminbi pilot

The opinions pointed out that the application of mobile payment should be expanded. Promote the high-quality coordinated development of various mobile payment products such as unified mobile payment APPs and banking APPs in the banking industry; promote government departments to integrate resources and jointly build mobile payment convenience scenarios. Support qualified banks and non-bank payment institutions in Zhejiang to provide domestic mobile payment services for overseas individuals. Support eligible regions to carry out digital renminbi pilot projects.

It is understood that the “Implementation Plan for the Development of Qiantang River Financial Harbor (2021-2025)” issued by the Zhejiang Finance Office this year mentioned that under the guidance of the central bank, eligible regions will be supported to apply for the pilot program of digital renminbi. The leading group for the digital renminbi pilot work will strengthen the guarantee work of organization, capital, system, technical support and risk management and control, and rely on a series of scenarios such as the Hangzhou Asian Games to carry out the digital renminbi pilot project, build a digital renminbi circulation ecosystem with multi-party participation, and promote the security of the digital renminbi system. , stability, and ease of use continue to improve.

At present, the third batch of pilot areas for digital renminbi may be announced soon, and the “14th Five-Year Plan” released by various places reveals that many provinces and cities are striving for digital renminbi pilots. Among them, the holding of the Hangzhou Asian Games will be another good closed environment for the digital renminbi pilot. Many cities, including Hangzhou, Ningbo, Wenzhou, Jinhua, Shaoxing, and Huzhou, are expected to be selected into the third batch of pilot cities.

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