国泰海通：数字人民币有望迎发展新机遇 建议关注相关产业链

Core Viewpoint - The report from Guotai Junan highlights the significance of the Western Land-Sea New Corridor as a crucial international logistics channel that connects the Silk Road Economic Belt and the 21st Century Maritime Silk Road, which is expected to enhance the cross-border use of the Renminbi and create new opportunities for digital Renminbi development [1] Group 1: Financial Support for the Corridor - The People's Bank of China and eight other departments released the "Opinions on Financial Support for Accelerating the Construction of the Western Land-Sea New Corridor," outlining 21 key measures to improve financial organization collaboration, establish a high-quality capital circulation system, and enhance cross-border financial regulatory cooperation [1] - The financial service system for the Western Land-Sea New Corridor will be comprehensively improved, optimizing the cross-border trade settlement system and further expanding the cross-border use of the Renminbi [1] Group 2: Cross-Border Trade Settlement - The "Opinions" support banks in facilitating legitimate trade settlements for quality enterprises based on principles of customer understanding and due diligence, while also promoting new trade formats such as market procurement and cross-border e-commerce [2] - To expand the cross-border use of the Renminbi, the "Opinions" propose strengthening bilateral currency cooperation with Southeast Asia and Central Asian countries, creating supportive conditions for Renminbi usage [2] Group 3: Digital Renminbi Development - The "Opinions" emphasize leveraging the advantages of digital Renminbi, such as payment and settlement capabilities, low costs, and programmability, to explore innovative solutions using smart contracts [3] - There is a focus on expanding the application of digital Renminbi in cross-border payment scenarios, aiming to reduce costs and increase efficiency in cross-border transactions [3]