数字人民币再迎关键发展场景，行业基础设施建设有望迎来新一轮升级契机

Group 1 - The Ministry of Commerce issued a notice on December 14 to strengthen the collaboration between commerce and finance, proposing 11 policy measures to boost consumption [1] - The notice emphasizes enhancing financial services for durable consumer goods and digital products, aiming to tap into the potential for upgrading consumer goods [1] - The notice encourages the use of digital RMB smart contract red envelopes to improve the effectiveness of consumption promotion policies [1] Group 2 - Huachuang Securities believes that the external conditions for promoting the use of digital RMB are now in place, which will lead to upgrades in its positioning and infrastructure [2] - The demand for downstream development is creating a market need for related IT system upgrades, while the exit of clearing institutions and wallet-side institutions in the "payment upon settlement" process of digital RMB is expected to expand profit margins in acquiring businesses [2] Group 3 - Cuiwei Co., Ltd. has connected with the designated operating banks of the Central Bank Digital Currency Research Institute to support digital RMB payment collection in various commercial scenarios [3] - Zhongke Jiangnan is deeply involved in the application construction of digital RMB in the fiscal treasury fund payment scenarios [4]