苏、粤领跑！数字人民币试点迈入新阶段

Core Viewpoint - The digital RMB is rapidly integrating into various sectors of the Chinese economy, enhancing payment systems and transaction efficiency, while becoming a focal point for future applications and pilot programs [1] Group 1: Digital RMB Pilot Progress - By mid-2025, significant progress has been made in the digital RMB pilot across various provinces, with Jiangsu and Guangdong leading in transaction volume and wallet openings [2][3] - Suzhou has opened 3,104.63 million personal wallets and 104.11 million corporate wallets, with a transaction amount of 2.15 trillion yuan in the first half of the year, marking a 67.07% increase year-on-year [2] - As of July, Suzhou's digital RMB balance reached 77.3 billion yuan, accounting for 30% of the national total [2] Group 2: Application Innovations - The digital RMB is seeing innovative applications, particularly in cross-border payments, with banks like Bank of Communications and Industrial and Commercial Bank of China actively participating [4][5] - In Shenzhen, a significant cross-border trade payment of 68 million yuan was completed using the digital RMB, showcasing real-time settlement capabilities [5] - Chongqing has issued over 100 million yuan in digital RMB consumption red envelopes, covering various sectors [5] Group 3: Future Directions and Consensus - Industry analysts emphasize the need to combine the authority of legal currency with the flexibility of application scenarios to maximize the value of digital RMB [6] - The People's Bank of China is focusing on deepening pilot programs and expanding application scenarios, with various local branches outlining plans for infrastructure and cross-border applications [6][7] - Recent government initiatives in Shanghai and Shandong aim to enhance cross-border financial services and promote the use of digital RMB in consumer subsidies [7]