RMB internationalization and cross-border financial supervision has become a money keyword research figures. This is the first digital cash has become a central file of focus. On the other hand, Shenzhen has become a testing ground for innovative digital cash to digital currency research why Shenzhen pilot cities? How to Shenzhen, China will lead the block chain industry?
Leading the demonstration area
August 18, a big news shocked the nation - the CPC Central Committee, the State Council issued the "Opinions on support of the Shenzhen building socialism with Chinese characteristics experiment and demonstration area." This means that, following Shenzhen Special Economic Zone Guangdong, Hong Kong, Macao, Taiwan and the Bay Area, was given a new opportunity for development. "Shenzhen has been entrusted with the task of!" People commented. Specifically, the "opinions" Shenzhen has developed five strategic positioning, the first position is "high quality development Heights." "Opinions" in the "speed up the construction of modern industrial system" section pointed out that research to support the development of digital cash, mobile payment and other innovative applications in Shenzhen, will be the first to promote the internationalization of the RMB, explore innovative cross-border financial supervision. "This means that, at the national policy level, Shenzhen is expected to become a testing ground digital cash terrestrial applications." Some commentators pointed out that digital cash "a new digital cash regulatory sandbox may occur.", Together with the internationalization of the RMB and cross-border financial supervision and other words, it is reminiscent of previous exposure to Facebook digital cash Libra.
In June, the digital-cash items Libra Facebook released a white paper, announced the establishment of a "simple services billions of people, without borders monetary and financial infrastructure" Since then, digital cash payment in cross-border financial and mobile the potential of the field once again attracted the attention of the outside world.
Digital cash monetary policy has become a top-level design innovation. Shenzhen as an important testing ground for China's reform and innovation, but also "disruptive innovation" plays an important role.
In fact, in this "opinion" published a year ago, China's central bank has been in Shenzhen began a study of digital cash. June 2018, the central bank set up the Institute of digital cash a wholly owned subsidiary in Shenzhen - "Shenzhen Financial Ltd." So far, it is the only central bank digital cash Institute branches in the country. Director of the Central Bank Institute Li Honggang digital cash is the company's legal representative.
Institute of the Central Bank of digital cash is an important research institutions to carry out http://www.gendan5.com/digitalcurrency/btc.html digital currency central bank. This means that Shenzhen Institute has a long history of research in terms of digital cash at the arrival of Shenzhen.
Layout
In fact, Shenzhen has been China's most block chain gene, one block chain technology's most important cities. Shenzhen is one of China's earliest city block chain to support the development of science and technology, started early introduction of complementary policy in this regard. As early as November 2016, the Shenzhen Financial Office in the "financial industry in Shenzhen Development thirteenth Five-Year Plan" that will "support financial institutions to strengthen research and exploration of emerging technologies and digital block chain of cash." 2017, the Shenzhen government to come up with tangible financial support for the development of local block chain enterprises. In October, the Shenzhen Municipal Government issued "a number of measures to support financial sector development in Shenzhen", Shenzhen will set up a special display of financial technology (Fintech) prize, focusing on areas of outstanding block chain, digital cash, finance and other large data usage project, annual award limit of 600 million.
In March 2018, Shenzhen Economic and Trade Commission issued a document said to big data, cloud computing, mobile Internet, Internet of things, such as the new chain block application environment and made significant breakthroughs in core technology focus on cash items, may apply for up to 2 million yuan of financial subsidies. In the private sector, Shenzhen contact block chain more closely. 2013, Shenzhen became the block chain hardware equipment sales center. Industry statistics show that 70% of the global block chain hardware device issued by Shenzhen Huaqiang North. Shenzhen strong power design and manufacturing capabilities to help block chain in the world effectively. On the block in terms of the ecological chain, Shenzhen has been China registered the largest city block chain enterprises. According to Sky Survey data, as of August 19 this year, there are 3,950 companies registered in Shenzhen, with "block chain" business. The two giants of the technology industry in Shenzhen Tencent and Huawei respectively in April 2017 and in April 2018 released their blocks chain white paper, joined the block chain industry.
Among the many companies help block chain, Shenzhen has become one of the largest Chinese city block chain technology patents. A year ago, the Inland Revenue Department and Shenzhen Tencent Technology and Gordon revolving restaurant in Shenzhen International Trade jointly released their debut electronic invoices based block chain technology. Invoice scene has become one of the first landing of the block chain.
Public information, as of August this year, Shenzhen has issued nearly 6 million block chain invoice, the invoice amount to 39 billion yuan, covering 113 industries.
China Eco-block chain alliance previously announced 2018 China block chain patent report shows that in 2018, Shenzhen applied for 212 new patents block chain, second only to Beijing, China's second largest city block chain patent. Therefore, in the industrial layout, Shenzhen block chain has been at the forefront of the country.
Future
why Shenzhen has become a testing ground for the study of digital cash? "As a testing ground for China innovation, innovation environment and the number of innovative enterprises in Shenzhen has been the leading domestic level." Professor of Economics and Management, Chinese Academy of Hua Xian Wei told block chain, "So, Shenzhen Digital cash is chosen as a pilot city is not strange. "since the reform and opening up, Shenzhen has been the outpost of China's opening up and innovation. "Feeling the stones", "go out", "whether the cat is black or white, it can catch mice is a good cat." Shenzhen people knew innovation. "Shenzhen is a block chain atmosphere of the most concentrated city I've ever seen." Li told doctors block chain block chain. Statistics show that the average age of the population of Shenzhen is only 30 years old. However, in general, young people and acceptance of the block chain digital cash is relatively high.
"In Shenzhen, even though the mall to eat, people can often hear people talk about street chain." Li said. In other cities, such a scenario is very rare. This scene can also be seen in Shenzhen block chain meeting. Shenzhen has become the first city block chain industry summit. Activity data show that as of August 19, 2019, during the block chain activities, Shenzhen has seven events, there are three Hangzhou, Beijing has 0. Rich atmosphere of the block chain Shenzhen became the best experimental field study of digital cash. Shenzhen's "experiment" could be to the country.
"The emergence of 'opinion' file will have a certain role Shenzhen and the whole industry chain block China." Hua Xian Wei pointed out. He believes that the study of digital cash "opinions" mentioned in the internationalization of the RMB cross-border financial supervision and other fields, industry practitioners also did not provide sophisticated solutions. "Specifically, how finance firewall is isolated, practitioners unclear. Shenzhen as a pilot, even in the face of risk, can be controlled in a timely manner." Hua Xian Wei said.
Shenzhen as pilot cities for the study of digital cash will certainly benefit from it. Nationally, Shenzhen solutions once mature, can be directly copied to other areas.
In the past, Hong Kong and assumed the internationalization of the RMB cross-border financial innovation and other tasks. Hua Xian Wei believes that due to the different laws and regulations in Hong Kong and the mainland, "Hong Kong experience" only as a reference, can not be copied. In contrast, the "Shenzhen Experience" is obviously easier to copy. "In fact, research on the digital cash the central bank has been engaged in." Hua Xian Wei said, "At present, the overall framework of the central bank information digital cash has not yet been made public. However, we do need a 'testing ground', it only makes us avoid this emerging field again lag behind other people. "" However, this does not mean the state will release the company issued coins and ICO in Shenzhen. "he finally stressed.