综合一区欧美国产,99国产麻豆免费精品,九九精品黄色录像,亚洲激情青青草,久久亚洲熟妇熟,中文字幕av在线播放,国产一区二区卡,九九久久国产精品,久久精品视频免费

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Finance

Yuan's internationalization could catch up with yen, British pound

By WANG XIAOTIAN | chinadaily.com.cn | Updated: 2013-06-17 20:41

Chinese yuan could quickly catch up with the yen and British pound in terms of international usage, if managed well, said Chen Yulu, a monetary policy committee member at People's Bank of China, on Sunday.

"Yuan's global float is at the stage of fast growth. If we promote the process with appropriate measures, the degree of yuan's internationalization can quickly catch up with the yen and the British pound."

An index measuring yuan's internationalization has increased by 49 percent compared with last year, said Chen, who is also president of Beijing-based Renmin University of China.

"If trade with Latin America, the African Union, Japan and South Korea could be increasingly settled in yuan, then the currency's internationalization index could be close to the yen and the pound, which means yuan would become the first member of international currency club among the emerging economies."

Chen made the remarks after releasing a report on the international development of yuan.

He said that there's still a long way to go as enterprises lack the capability and willingness to settle their business in yuan, international development of Chinese financial institutions lags behind trade activities, and direct conversion between yuan and foreign currencies in the foreign exchange market is still too limited.

The report suggests that in the short term China should actively promote yuan settlement in bilateral trade by expanding direct investment and establishing free trade zones or other cooperation mechanisms to promote the use of yuan.

"At the same time we should promote the development of domestic financial institutions and yuan-denominated lending business related to trade."

Earlier this month, Chen wrote in a separate report that the yuan will become a key global currency in 30 years.

And the liberalization of the country's capital account, covering portfolio investment and borrowing, will be achieved between 2015 and 2020, he wrote.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
新密市| 巴青县| 扶风县| 武功县| 泉州市| 靖安县| 樟树市| 无极县| 汉阴县| 武邑县| 招远市| 沿河| 南充市| 鄂尔多斯市| 屯门区| 平乡县| 中阳县| 吉林省| 济宁市| 阳江市| 厦门市| 内黄县| 民权县| 东安县| 武冈市| 泽库县| 新丰县| 来安县| 彝良县| 南昌县| 牙克石市| 高陵县| 张北县| 宜章县| 甘泉县| 新田县| 平果县| 柘荣县| 天镇县| 萝北县| 介休市|