Year-ender: major financial events of 2020

chinadaily.com.cn | Updated: 2020-12-29 06:40
Share
Share - WeChat

Renminbi-denominated cross-border settlement further expands international partners

Currencies of different countries. [Photo/Sipa]

As China has been making efforts to internationalize the renminbi for more than a decade, the Chinese yuan-denominated cross-border settlement witnessed significant progress this year.

A record 29 countries welcomed RMB as a trade settlement tool by September, including Turkey, Pakistan, Russia, Nigeria and Iran. RMB has grown into an important choice in bilateral transactions with China.

Renminbi-denominated cross-border trade settlement hit 633.8 billion yuan in November, central bank data showed, according to Xinhua News.

The renminbi's growing importance in the international monetary system is an irreversible trend, due largely to China's determination to further open up its financial markets.

With time, a more diversified international monetary system will emerge with the renminbi plays its due role alongside other major currencies, according to an opinion piece in China Daily by Cao Shengxi, a research fellow at the China Institute of Digital Assets.

|<< Previous 1 2 3 4 5 6 7 8 9 10 11 Next   >>|

Related Stories

Top
BACK TO THE TOP
English
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
主站蜘蛛池模板: 久久精品免视看国产陈冠希| 全黄h全肉远古| 91麻豆精品在线观看| 日本xxxxx19| 亚洲日韩av无码中文| 精品欧美日韩一区二区| 国产手机在线αⅴ片无码观看| gdianav| 日本24小时www| 亚洲人成网站18禁止久久影院| 男男肉动漫未删减版在线观看| 国产亚洲欧美日韩精品一区二区| 18女人腿打开无遮掩免费| 女同一区二区在线观看| 久久久久久久影院| 欧美一区视频在线| 亚洲精品无码久久毛片| 精品少妇人妻AV免费久久洗澡| 国产呻吟久久久久久久92| 2021三级a电影大全| 天天躁日日躁狠狠躁av麻豆| 中文字幕精品亚洲无线码一区| 机机对机机120分免费无遮挡 | 欧洲精品免费一区二区三区| 伊人情人综合网| 美女被扒开胸罩| 国产免费色视频| 欧美第一页浮力影院| 国产露出调教91| a级黄色一级片| 尤物国产精品福利三区| 久久一区不卡中文字幕| 末成年女a∨片一区二区| 亚洲最大视频网| 爱情岛论坛亚洲高品质| 别急慢慢来在线观看| 色噜噜狠狠色综合欧洲| 国产国产在线播放你懂的| 亚洲黄色激情视频| 国产老妇伦国产熟女老妇高清 | 欧美色图另类图片|