Hainan is stepping up the promotion of the digital renminbi pilot project and adding currency and renminbi exchange services.

On November 10, the Hainan Provincial Human Resources Department recently announced the “Hainan International Tourism and Consumer Center Development Plan under the 14th Five-Year Plan” (below). “Plan” for simplicity. Food environment, "Plan" is the improvement of consumer financial products, It is desirable to encourage mobile payment users and strengthen consumer financial management. .

"Plan" stressed that the implementation of the mobile payment convenience project should focus on improving the environment for bank card payments in cultural and fun places, scenic places, food and accommodation, etc., and ensure that financial institutions promote the integration of health and tourism. Provides user rights and benefits such as corporate business cards, great product and expense discounts. Banks, billing companies, and payment companies have accelerated the development of organic connectivity and the integration of various applications to support mobile payment events.

The “Plan” is based on the principle that home payment companies can partner with foreign card companies to provide mobile payment services to international travelers, to support efforts to open up mobile services to international travelers. tourists. Educate service organizations to improve trade compliance and improve the cross-transactional payment process. In addition, the “Plan” aims to accelerate the implementation of the renminbi pilot project and expand the market for renminbi and currency exchange and payment programs.