The digital yuan appears repeatedly in government events. There is ample space for digital government work.

数字法币研究社 view 7187 2021-12-6 09:31
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As a result of the digital yuan pilot program, the application scenarios continue to expand and now cover a wide range of topics such as payment, catering, transportation, purchasing and usage, and government services. .

As of October 8 this year, as of October 8 this year, the number of yuan digital pilot scenarios exceeded 3.5 million, according to Provincial Governor Lee Kang.

Acceleration of government programs affects differential payment and tax status

On November 14, the Xiong'an New District Housing Management Center and the Hebei Xiong'an branch of the Financial Development Corporation made the country's first digital yuan payment for specialized housing assistance.

On November 4, Sichuan Province for the first time and the first digital RMB tax collection, security and health insurance outside the payment area fell in Chengdu. Mr. Chen, who works in Chengdu, came to the tax office to pay urban and rural residents online for his son and mother's house in digital RMB. Pay your health insurance premiums online using digital renminbi.

On November 4, in Sichuan Province, the first digital yuan payment community security service was launched at the Chengdu Tianfu New District Tax Office.

On November 5, Xiong'an New District Housing Management Center and Bank of China Hebei Xiong'an Branch completed the first RMB unit payment and the first real estate deposit in the new district with deposits of more than 210,000. earn.

Mr. Chen, from Hong Kong, China, who started trading in Shenzhen in early November, returned the self-reported income in September to the Shenzhen Chenhai IRS office and completed a full tax return using the wallet digital in yuan CCB. Recognizing the achievements of Hong Kong taxpayers, this is the country's first new tax reform scenario, taking over all taxes, all office digital yuan. for

On November 1, Yang, a resident of Tiyuguan Road, at a rental office set up by the Dongcheng Tax Office in Beijing, paid the equivalent tax on his home rent through digital renminbi. The VAT declaration on invoice has been completed. It is also the city's first yuan tax service provided by the city's treasury department. for

Over the past two months, the digital renminbi has expanded its urgency for payments and taxes, such as special utility bills, insurance premiums, housing payments, and personal income tax. . for

In the past, the digital renminbi was used as a means of electronic payment, online tax, and financial aid payment.

The G-end market is large and the digital RMB should be removed from the “commodity” label.

Digital Renminbi is a digital public service advertised by the People's Bank of China, operated by a selected agency, and promotes the integration of bank accounts as a major expense. It has character and legitimate gifts.

The “Free Document on Digital RMB Research and Development” provided by the Central Bank made it clear that its main implications include five key points: First, the digital RMB is a fiat issue issued by the central bank. Second, the digital RMB accepts centralized management and two-tier operations. Third, the digital renminbi is usually in the cash register (M0) and will join the real renminbi for a long time. Fourth, the digital renminbi is a mid-sized retail currency, often used to meet the needs of home retailers. Fifth, in the future digital retail payment system, renminbi and electronic digital payment systems are selected globally and jointly develop cash payment devices. .

Yi Gang also mentioned in a recent speech that the digital renminbi is now being developed and used to meet the needs of home retailers. for

However, when it comes to "sales for cash", many people will think that the digital renminbi is still the most popular food retailer, but in fact, in addition to the retail space, the support of the G side "government" service is also good. . room for development.

As we all know, in the past, due to heritage history or payment problems, many government agencies have a "cash only" tradition, and many people use discomfort. However, with the improvement of mobile payment and internet technology, an illegal phenomenon called “cashless denial” has occurred in some payment cases. For these two different situations, the emergence of the digital renminbi might be the best solution. On the other hand, it guarantees legal redemption of fiat currency, and on the other hand, the digital form is more in line with the regulations. With the development of time, easier and faster. for

Some experts have argued that the epidemic could impact the digital industry, accelerating the development of digital systems and digital infrastructure. The digital renminbi will become a new “bonus” for government agencies to stimulate the economy.

So far, the Yuan digital pilot project has grown from the first pilot site to various lotteries and exports, red envelopes for special events and for special purposes. The use of smart contracts explicitly makes the use of the digital renminbi "unique" which can be used for public health and to mitigate poverty reduction plans with government agencies. for

It can be said that government digital services frequently handle stable consumption and exchange events in the local economy, including healthcare, healthcare, transportation, police security, payment life, electrical insurance , leisure, etc. In the age of mobile internet, this is a warning that third-party payment companies want to participate in, and it can often be done through online channels.

The combination of the digital renminbi and government digital services in many places, whether online or offline, will allow the digital renminbi to enter people's daily lives faster and more closely.

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In view of the expansion of the digital yuan situation in the first half of the year, the status of government departments, such as taxation, has become an important element in many organizations. for

Once the financial integration is achieved, the loose integration of the digital yuan can help more non-bank users to access financial services more cheaply, and the government service will attract many people with a mixture of strict demand and digital yuan. . help more easily. Full payment for various life and government services.

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