The Ministry of Commerce, along with eight other departments, has announced plans to enhance the digital transformation of the retail industry in China. The initiative aims to improve digital and intelligent capabilities across the retail chain, including procurement, sales, inventory, logistics, and distribution. The plan encourages the integration of online and offline channels and the use of digital renminbi for issuing and settling consumption vouchers. Additionally, the initiative supports the development of digital management systems by third-party tech companies for small and medium-sized retail businesses. The government also plans to promote "AI+" technologies, expanding applications such as smart shopping guides, low-altitude delivery, and unmanned vending. By leveraging digital renminbi smart contracts, the initiative seeks to ensure efficient turnover and precise delivery of subsidy funds, further integrating digital currency into the retail sector.