大朋友小朋友们，2026年到来，一个超级酷炫的"好朋友"也正式登场——我们国家的"数字人民币"升级啦！ | | | 一起来看看它们的 "身份大揭秘"吧： 微信和支付宝，就像你漂亮又具备多种功能的小钱包。你可以用微信和支付宝绑定银行卡，然后进行支付。但微信和支付宝本身不是钱，只是帮你保管和 拿出钱的工具。 数字人民币，它可了不起啦！数字人民币本身就是国家造出来的"钱"，和你手里摸得到的硬币、纸币本质上是一样的，只是它生活在手机里，是"数字形 态"的钱。 而买东西用数字人民币支付，就像是直接把"电子硬币"从你的手机里"嗖"一下传到了商家的手机里，不需要经过"钱包"，这样支付更快，更直接！ 不仅能拥有利息收入，以后可能还会在更重要的地方大显身手，而且它超级安全——由国家精心守护，就像有了钢铁铠甲一样。 以前，"数字人民币"像你放在手机里的"电子硬币"，现在，"数字人民币"变成会下金蛋的"电子储蓄罐"了！ 这意味着，你在持有数字人民币的同时，也能拥有利息收入，能享受管理财富的乐趣了，是不是听起来就很有意思？ 你可能会问："我一直都可以用手机买东西呀，用数字人民币和用微信、支付宝不一样吗？它们和有什么区别呢？" 除此之 ...

简单来说，数字人民币"碳普惠"服务是鼓励公众践行低碳行为的一项服务。个人做的每一件环保小事， 比如骑共享单车、乘坐地铁公交，都能被量化成"碳积分"。这些碳积分不仅可以记录个人的绿色足迹， 还能兑换为实实在在的数字人民币。 数字人民币运营管理中心相关负责人表示，下一步将协同业务运营机构，持续引入更多低碳场景；同时 加快拓展参与地区，构建多城市协同的碳普惠服务网络。 （文章来源：新华财经） 新华财经北京1月8日电从中国人民银行数字人民币运营管理中心获悉，为丰富数字人民币在"绿色金 融"场景的运用，数字人民币运营管理中心协调并支持业务运营机构构建碳普惠领域的创新应用场景， 在数字人民币App内推出"碳普惠"小程序服务并率先在上海地区上线。 据了解，用户开通该服务后，日常绿色低碳行为产生的碳积分将自动归集至"碳普惠"账户，并可以兑换 数字人民币。"碳普惠"小程序首批接入Metro大都会（上海地铁）、哈啰出行和T3出行三大平台。 ...

Core Viewpoint - The digital RMB "Carbon Inclusive" service aims to encourage public participation in low-carbon behaviors by allowing users to earn carbon credits for environmentally friendly actions, which can be exchanged for digital RMB [1][2]. Group 1: Service Overview - The "Carbon Inclusive" service is designed to reward users for engaging in low-carbon activities such as using public transportation and participating in recycling [2][12]. - Users can accumulate carbon credits through their daily green actions, which are automatically recorded in the "Carbon Inclusive" account within the digital RMB app [6][14]. Group 2: Initial Implementation - The first three low-carbon scenarios integrated into the "Carbon Inclusive" program include Metro (Shanghai subway), Hello Bike, and T3 Mobility [3]. - Users must log into the "Carbon Inclusive" mini-program and link their accounts from the aforementioned platforms to automatically track their low-carbon behaviors [6]. Group 3: Activation Process - To activate the service, users need to open the digital RMB app, navigate to the service page, find the "Carbon Inclusive" mini-program, and complete the scene binding [9]. - After activation, users' low-carbon travel behaviors will be automatically recorded, and carbon credits will be accumulated in their accounts [9][14]. Group 4: Redemption Mechanism - Carbon credits can be exchanged for digital RMB, with a conversion rate of 1 digital RMB for every 1250 grams of carbon credits [21]. - Users must have a digital RMB wallet and upgrade it to a real-name wallet before redeeming their carbon credits for digital RMB [21].

Group 1 - The core upgrade of digital RMB to version 2.0 will take effect from January 1, 2026, allowing major state-owned banks to pay interest on digital RMB wallet balances at the same rate as demand deposits [1] - The upgrade is based on a recent action plan by the People's Bank of China, which states that digital RMB in commercial bank wallets will be treated as bank liabilities, marking a shift from cash-type to deposit currency-type [1] - The liquidity of digital RMB in the banking system is expected to significantly increase with this transition to a deposit currency, encouraging banks to offer more financial services related to digital RMB [1][2] Group 2 - As of November 2025, the digital RMB pilot program has expanded to 26 regions across 17 provinces, processing a total of 3.48 billion transactions amounting to 16.7 trillion yuan [2] - The number of personal wallets opened through the digital RMB app reached 230 million, while corporate wallets totaled 18.84 million [2] - In the cross-border payment sector, the mBridge initiative has processed 4,868 transactions with a total value of approximately 477.8 billion yuan, with digital RMB accounting for about 96% of the transaction volume [2]

Core Viewpoint - The introduction of interest on digital renminbi marks its transition from a cash-like currency to a deposit currency, enhancing its functionality and potential for widespread adoption [3][4][5]. Group 1: Digital Renminbi Overview - Digital renminbi is a digital form of legal currency issued by the People's Bank of China, equivalent to physical renminbi, characterized by low cost and fast transaction times [1]. - The digital renminbi can be stored in digital wallets, which are categorized based on user identification levels, allowing for varying transaction limits [2]. Group 2: Transition to Deposit Currency - The new framework for digital renminbi, effective January 1, 2026, establishes it as a commercial bank liability, indicating a shift from cash to deposit currency [3][5]. - This transition allows digital renminbi to earn interest, enabling it to be used for loans and deposits, thus increasing its utility in the banking system [4][6]. Group 3: Banking System Implications - With digital renminbi classified as a bank liability, commercial banks are incentivized to offer more financial services, transforming their role from cost centers to profit centers [5][6]. - The ability to manage digital renminbi as an asset will enhance banks' motivation to promote its use, benefiting both users and banks [6]. Group 4: Adoption and Usage - As of November 2025, digital renminbi trials have successfully processed 34.8 billion transactions, amounting to 16.7 trillion yuan, indicating significant adoption across various sectors [7]. - The digital renminbi is being integrated into cross-border payment systems, with a notable 96% of transactions processed through the mBridge platform involving digital renminbi [8][10]. Group 5: Internationalization Efforts - The year 2025 is pivotal for the internationalization of digital renminbi, with initiatives aimed at enhancing its role in cross-border payments and financial services [10][13]. - Various cross-border applications have emerged, including partnerships with banks in Hong Kong and Singapore, facilitating the use of digital renminbi for overseas transactions [12][13].

Core Insights - Digital Renminbi (RMB) will start accruing interest from January 1, 2026, marking its transition from a cash-like currency to a deposit currency [2][4][5] - The People's Bank of China (PBOC) has established a new management framework for digital RMB, enhancing its integration into the banking system and allowing it to be treated as a bank liability [4][6][7] - The digital RMB is expected to facilitate cross-border payments, reducing costs and transaction times significantly compared to traditional methods [11][12][14] Group 1: Digital RMB Features - Digital RMB is a digital form of legal tender issued by the PBOC, equivalent to physical RMB, with characteristics of value and legal tender [2] - It offers low-cost transactions and quick settlement, especially for small payments, and can be held without a bank account [2][3] - Digital wallets serve as the medium for holding digital RMB, categorized into personal and corporate wallets, and can be either software or hardware-based [3] Group 2: Transition to Deposit Currency - The transition to a deposit currency allows digital RMB to be deposited in banks, enabling it to generate interest, thus enhancing its utility [5][6] - This shift is expected to increase liquidity within the banking system and incentivize banks to offer more financial services related to digital RMB [6][7] - The new framework allows banks to manage digital RMB as an asset-liability, transforming their role from cost centers to profit centers [7] Group 3: Cross-Border Payment Advantages - Digital RMB aims to address the inefficiencies of traditional cross-border payment systems, which are often costly and slow [11] - The use of digital RMB can reduce transaction fees to less than 1/10 of traditional methods and enable near-instantaneous settlement [11] - The establishment of cross-border payment platforms and infrastructure supports the internationalization of digital RMB, enhancing its global reach [13][14] Group 4: Implementation and Adoption - As of November 2025, digital RMB trials have expanded to 26 regions, processing 34.8 billion transactions worth 16.7 trillion RMB [8] - The digital RMB has been successfully integrated into various sectors, including retail, healthcare, and public services, demonstrating its practical application [8] - The digital RMB's international operations are gaining momentum, with successful cross-border payment cases emerging, particularly in Hong Kong and Singapore [13][14]

Group 1 - The revised "Rules for the Renminbi Cross-Border Payment System" will be implemented starting February 1, 2026, allowing for more flexible access conditions for system participants [1] - The CIPS system is a crucial financial market infrastructure in China, with a significant increase in cross-border payment volumes, reaching 90.91 trillion yuan in the first half of 2025 [1] - The changes in CIPS rules are expected to attract more global banks and payment institutions, enhancing the global coverage of the Renminbi cross-border payment infrastructure [1] Group 2 - The internationalization of the Renminbi is being advanced through projects like CIPS and mBridge, creating new growth opportunities for fintech companies [2] - Companies involved in cross-border payment services include Newland, New Guodu, and Lakala, which are key targets for investment [5] - Financial IT service providers such as Yuxin Technology, Zhongke Jincai, and others are also highlighted as important players in the cross-border payment ecosystem [6] Group 3 - Qingdao Jinwang and Hailian Jinhui saw significant stock price increases following the announcement of the action plan to enhance CIPS functionality and global network coverage [3] - Companies like Sifang Jingchuang and Xin'an Century are noted for their experience and technology in cross-border payment systems, including CIPS and digital currency solutions [6][7] - Highwei Technology and Jingbeifang have been involved in assisting clients with CIPS system integration and related projects [8][9]

21世纪经济报道记者章驰 1月7日上午，市场监管总局召开《网络交易平台规则监督管理办法》《直播电商监督管理办法》专题新 闻发布会。市场监管总局网监司司长朱剑桥介绍，办法将规范数字人直播，把数字人主播等人工智能生 成内容纳入监管，避免新技术成为生成或传播虚假信息的"挡箭牌"，促进人工智能技术在直播电商领域 的规范应用。明确规定使用人工智能生成的人物图像、视频从事直播电商活动的，应当进行标识，并持 续向消费者提示。 ...

Core Viewpoint - The recent issuance of the "Regulations on the Supervision and Management of Online Trading Platforms" and the "Supervision and Management Measures for Live E-commerce" aims to create a fair, transparent, and trustworthy online trading ecosystem, emphasizing the responsibilities of platforms and protecting the rights of operators and consumers [1][2]. Group 1: Live E-commerce Regulations - The "Supervision and Management Measures for Live E-commerce" focuses on four main entities: platform operators, live stream room operators, live marketing personnel, and service agencies for live marketing, establishing clear responsibilities and regulatory boundaries [2]. - The regulations include measures to control traffic and incorporate artificial intelligence-generated content into the regulatory framework to prevent the misuse of new technologies for spreading false information [2]. - Specific actions that platform operators must take in response to violations by live stream operators and marketing personnel include warnings, limiting functionalities, suspending live broadcasts, and blacklisting offenders [2]. Group 2: Online Trading Platform Regulations - The "Regulations on the Supervision and Management of Online Trading Platforms" addresses issues such as "refund only," "choose one from two," and "big data discrimination," aiming to protect the rights of all parties involved [3]. - The regulations prohibit platforms from unreasonably restricting operators' autonomy, charging unreasonable fees, or imposing unfair penalties, thereby safeguarding the rights of merchants and consumers [3]. - The regulations further detail specific illegal practices, including "choose one from two," charging without providing services, forced low-price dumping, and coercing participation in promotional activities with fees [3].

Core Viewpoint - The new regulations introduced by the State Administration for Market Regulation and the National Internet Information Office aim to enhance the supervision of online trading platforms, focusing on protecting the rights of operators and consumers while ensuring platform accountability [1]. Group 1: Regulation of AI-Generated Content - The "Live E-commerce Supervision Management Measures" include flow control as a regulatory tool and bring AI-generated content, such as digital human anchors, under supervision to prevent the misuse of new technologies for spreading false information [2]. - The regulations require that any AI-generated images or videos used in live e-commerce must be clearly labeled and continuously reminded to consumers [2]. Group 2: Protection of Consumer Rights - The "Network Trading Platform Rules Supervision Management Measures" specifically address issues like "only refunds," "forced choices," and "big data discrimination," prohibiting platforms from unreasonably restricting operators' autonomy or charging unreasonable fees [3]. - The measures further detail specific illegal practices such as forced low-price dumping and limiting consumer choices, enhancing the protection of consumer rights [3]. Group 3: Transparency and Accountability - The new regulations emphasize the importance of transparency in platform rules, requiring platforms to publicly disclose rules clearly and understandably, especially regarding fees and dispute resolution [4]. - Platforms must inform operators and consumers of any negative management measures taken, including the reasons and basis for such actions, and provide channels for appeals [4]. Group 4: Responsibilities of Live E-commerce Platforms - The "Live E-commerce Supervision Management Measures" outline the responsibilities of live e-commerce platform operators in areas such as qualification verification, information reporting, training mechanisms, and consumer rights protection [5].