Financials Mar 14, 2022 09:08 AM (GMT+8) · EqualOcean
CITIC Securities research report pointed out that the promotion of digital RMB as a payment infrastructure in the digital economy era is the general trend. Based on the characteristics of digital RMB, users' payment habits and mobile payment market pattern may face the opportunity of reshaping. The active participation of various manufacturers is expected to bring more imagination to the promotion and application of digital RMB. Digital RMB has the technical conditions for cross-border use, and is expected to extend from retail to cross-border payment in the future, so as to strengthen the international competitiveness of RMB in combination with the first mover advantage. With the continuous promotion of digital RMB application, relevant industrial chains are expected to continue to benefit. It is suggested to pay attention to the service providers related to Hard Wallet manufacturing, supporting transformation of collection equipment & acceptance terminal, construction of commercial banking system and security technology.

This text is a result of machine translation.