Hang Seng Wang Dan: The potential of the renminbi pilot project next year should be to expand the B-side scene or have a new experience

Recently, Wang Dan, CFO of Hang Seng China, said at the "2021 Analysis and Macroeconomic and Market Outlook for 2022" press conference that the digital yuan is coming and may be the focus of the next ten years or changes in Political budget. . . , affecting the credit industry and the credit policy community.

Wang Dan said, "We expect it will be difficult to recover from historic 7% and 8% growth in national average income next year," he said. Nutrition in big cities, especially in the Guangdong-Hong Kong-Macao Greater Bay Area and the Yangtze River Delta, will improve, while health in smaller cities will be more difficult.

Wang Dan hopes that the application scenario of digital renminbi will spread more widely in late C next year to support further consumption. In the B-side scenario, Wang Dan believes that RMB digital loans to small and medium enterprises can work for years.

"This year, after the epidemic, the survival rate of some small businesses will be more difficult than last year. This is due to some tax cuts and tariffs. This year, small businesses rely on banks. They are still a long way from providing lending services," Wang Dan said, carrying money from small businesses and small businesses in digital renminbi.