Core Insights - The first digital RMB customs tax withholding business was successfully implemented by China Merchants Bank Qingdao Branch in collaboration with Qingdao Customs, marking a significant innovation in the application of digital RMB and enhancing the efficiency of customs tax payments [1][2][4] Group 1: Digital RMB Integration - China Merchants Bank focuses on the deep integration of digital RMB with government service digitalization, aligning with the needs of foreign trade enterprises for improved customs tax payment efficiency [2][4] - The collaboration between China Merchants Bank Qingdao Branch and Qingdao Customs involved multiple business discussions to integrate the programmable features of digital RMB into customs tax payment scenarios [2][3] Group 2: Full Process Automation - A fully automated online closed-loop for digital RMB customs tax payment was established, allowing enterprises to pay customs fees through a digital RMB wallet without offline document submission or manual bank processing [3] - The entire process from instruction generation to fund transfer and confirmation is completed in seconds, significantly reducing the operational burden on enterprises [3] Group 3: Value Creation for Foreign Trade - The successful implementation of the digital RMB customs tax withholding business represents a key breakthrough in digital financial innovation and serves as a benchmark for integrating financial services with government scenarios [4] - This initiative enhances the brand reputation of China Merchants Bank in the digital financial innovation sector and provides a replicable model for future applications of digital RMB in various customs-related scenarios [4]