Xi’an: There are over 100,000 digital RMB merchants

In November 2020, Xi’an City became one of the second batch of six pilot areas that have obtained the qualifications for the digital RMB pilot area. With the support and guidance of relevant departments and the Xi’an Branch of the People’s Bank of China, various pilot operating agencies have continued to optimize the digital renminbi acceptance environment. Xi’an has initially established a digital renminbi ecosystem with both application scenarios and consumer groups.

As of the end of April this year, over 100,000 digital renminbi merchants have been accepted in Xi’an, more than 22 million personal wallets and nearly 1.59 million public wallets have been opened, and the city’s transaction volume has reached 6.118 billion yuan. The use of digital renminbi basically covers various fields such as life services, retail consumption, transportation, education and medical care, smart people’s livelihood, government services, and Internet platforms.

In the next step, Xi’an City will strengthen the publicity and popularization of digital renminbi knowledge, and carry out a series of various forms of people-benefiting activities in tourist attractions, large business circles, etc., so that the public can widely understand and use digital renminbi, and make every effort to promote digital renminbi in Xi’an City. The acceptance and influence of digital renminbi; focus on overcoming the application of digital renminbi in key and difficult areas such as government, tax collection, and inclusive financial services; solidly carry out the construction of digital renminbi in characteristic demonstration business districts and neighborhoods, and further promote the “One District” One product, one bank, one characteristic” pilot work, accelerate the construction of the digital RMB ecosystem, continue to improve the digital RMB acceptance environment, and make the digital RMB widely and deeply integrated into various fields of the economy and society, empowering high-quality development.

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