digihuman(BJ:835670) Sou Hu Cai Jing·2026-01-22 08:04Core Viewpoint - The digital renminbi has transitioned from a digital cash era to a digital deposit currency era, with wallet balances now earning interest, marking a significant evolution in its functionality and implications for Hong Kong and the Greater Bay Area's financial ecosystem [1][3]. Group 1: Digital Renminbi 2.0 and Green Finance - Digital renminbi 2.0 enhances transparency and trust in green finance, providing a technological foundation for the issuance and monitoring of green bonds and carbon credits [3]. - The upgrade from digital renminbi 1.0 to 2.0 shifts its role from a retail payment tool to a comprehensive financial instrument with efficient payment and interest-earning capabilities, facilitating better management of overseas operational funds for enterprises [3][5]. Group 2: Hong Kong's Role in Digital Renminbi Development - Hong Kong has been examining the feasibility of central bank digital currencies since 2017 and is now a key player in the digital renminbi's cross-border payment infrastructure through the mBridge project [4][5]. - As the first cross-border pilot for digital renminbi outside the mainland, Hong Kong is positioned to attract multinational companies to use digital renminbi as a liquidity management tool, enhancing its offshore renminbi liquidity pool [5]. Group 3: Future Opportunities and Requirements - The upgrade to digital renminbi 2.0 presents new opportunities and requirements for Hong Kong, reshaping offshore renminbi business logic and extending applications into asset management and digital asset issuance [5][6]. - To achieve these functionalities, there is a need for enhanced risk prevention measures to ensure the security and stability of cross-border payment networks [6]. Group 4: Collaborative Innovation in the Greater Bay Area - The Greater Bay Area aims to innovate collaboratively in the digital renminbi space, focusing on regulatory cooperation, application scenarios, and platform integration [7]. - Key initiatives include optimizing user experiences for residents using digital renminbi wallets and exploring smart contract settlements in cross-border trade, leveraging the programmability of digital renminbi [7][8]. - The construction of major cooperation platforms in the Greater Bay Area, such as the Qianhai and He Tao areas, will facilitate cross-border applications and wallet interoperability [8].