On the 11th, the China Securities Journal published an article titled "Strong Collaboration for Innovative Application of Digital RMB Trend Market Debuts at the Service Trade Fair". The article states that on September 10th, 2025, the China International Fair for Trade in Services will open in Beijing. As one of the nine major themes of the China International Fair for Trade in Services (CIFTIS), the Financial Services Theme has upgraded and created the Digital RMB Trend Market. In the planned nearly 1000 square meter immersive digital RMB ecological experience exhibition area, financial institutions such as Industrial and Commercial Bank of China and Bank of China have jointly created the "Digital RMB+" innovation display matrix. Industry insiders said that this trade fair showed the trend of strong cooperation between banks and Internet platforms to innovate the application of digital RMB, which will further improve the convenience of consumers' lives. The highlights of characteristic interactive activities are mostly aimed at increasing audience participation and awareness of digital RMB. Several commercial banks have planned characteristic interactive activities. For example, the digital RMB hard wallet section of Bank of Communications showcases high-value card designs such as "Youpeng" and "Yupei", perfectly integrating traditional culture with modern technology. The previously popular blind box discount event for digital RMB IP peripherals will continue to be held at the Bank of Communications booth this year as a reserved experience project. Visitors can participate in the event to win peripheral products such as paper fans and phone stands with the unique image of Bank of Communications digital RMB. The Bank of China booth showcased a self-service machine for digital RMB hard wallet. The booth guide of the bank introduced: "On the self-service machine of the digital RMB hard wallet, visitors can experience self-service application, recharge, recycling and other services. Bank of China has pioneered the 'buy and refund' full process self-service mode in the industry, greatly improving the convenience of consumption. In addition, some commercial banks have launched special activities during the Service Trade Fair. For example, China Construction Bank launched a digital RMB discount promotion from September 10th to 14th, where eligible participants can receive a digital RMB coupon with a discount of 25 yuan for purchases over 50 yuan; Beijing Bank has launched a special promotion - Beijing Bank Digital RMB Subsidy Activity, where participants can use Beijing Bank Digital RMB Subsidy Exchange Coupons to purchase handmade drinks. The application scenarios of digital RMB continue to enrich, whether it is on the enterprise or personal end. For example, as the first Taiwanese bank to integrate into the digital RMB system, Fubon Huayi Bank has already implemented application scenarios for both enterprise and personal clients, continuously expanding its breadth and depth, and promoting Taiwanese enterprises to integrate into the digital RMB payment system. Banks and Internet platforms have joined hands to innovate the application of digital RMB. "In response to the corporate financing problem, ICBC Beijing Branch, together with Jingdong, launched a smart deposit product based on digital RMB smart contracts, which effectively solved the pain points such as the cumbersome opening of co managed accounts under the traditional Internet supply chain model and the difficulty of mutual trust between borrowers and lenders." Zhang Lun, head of the Digital Currency Business Promotion Section of the Settlement and Cash Management Department of ICBC Beijing Branch, said. For consumers, the widespread application of digital RMB will promote the improvement of convenience in daily life. For example, Industrial and Commercial Bank of China Beijing Branch and Meituan jointly innovated and developed the "Digital RMB Prepaid Card", which can realize functions such as online consumption, refund, and cancellation for consumers, effectively solving the problem of difficulty in querying and returning prepaid funds, and ensuring the safety of payment funds. Tencent is also actively exploring cross-border payment scenarios for digital RMB. In 2024, Tencent will continue to innovate in "barcode interoperability". Overseas visitors to China can open a digital RMB wallet and use the digital RMB app to scan and pay with over ten million WeChat business codes and merchant codes. In June of the same year, Tencent participated in the pilot verification of the multilateral central bank digital currency bridge project, providing experience for further improving cross-border clearing efficiency. We will continuously innovate application scenarios and enrich service functions while ensuring security. At the same time, we will actively cooperate with regulatory authorities to promote the pilot work of digital RMB, contributing to the construction of a modern payment system and serving the development of the digital economy. ”Li Maocai, the head of Tencent's digital currency department, said. (New Society)