日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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

HK banks' RMB trade settlement up 37% in 2012

Xinhua | Updated: 2013-02-27 13:50

HONG KONG - Total renminbi trade settlement handled by Hong Kong banks in 2012 surpassed 2,600 billion yuan ($413 billion), a year-on-year increase of 37 percent and representing over 90 percent of the Chinese mainland's cross- border trade settled in yuan, Hong Kong's financial secretary John Tsang said here on Wednesday.

Tsang told lawmakers at the city's Legislative Council in his budget speech that Hong Kong is now the world's largest and most efficient offshore yuan business hub, with the world's largest offshore pool of yuan. Total yuan deposits and outstanding yuan certificates of deposits stood at 720 billion yuan at end-2012.

Hong Kong also serves as a platform for enterprises and financial institutions all over the world to carry out various financial activities such as yuan payments, financing and investments, he said.

Apart from the renminbi trade settlement, Hong Kong's yuan bond market also showed continuous growth. At end-2012, outstanding yuan bonds issued in Hong Kong exceeded 230 billion yuan, an increase of 62 percent over end-2011, he said.

Hong Kong, which aims to become the offshore yuan center, started offshore yuan business in early 2004, and Hong Kong banks began to handle renminbi trade settlement in 2009. At the end of 2011, the financial hub launched the yuan Qualified Foreign Institutional Investors (RQFII) Scheme, which allows Hong Kong's designated institutions to invest in the mainland security market.

Tsang said the range of offshore yuan investment products has been broadened since the launch of RQFII, and the city's government would continue the dialogue with the relevant mainland authorities to expedite the next stage of RQFII's expansion, which will include extending the pilot scheme to qualified Hong Kong financial institutions.

"We shall continue to strengthen our market infrastructure, and stay connected with other financial centers in the world with a view to further enhancing the use of yuan for trade settlement, financing and investment at the international level, consolidating Hong Kong's position as an offshore yuan business center."

Hong Kong is an international financial center, and the financial services industry underpins our economy. The industry employs 230,000 people, or six percent of the city's total workforce.

 

Related Readings


Currency expands its reach

Offshore RMB to be HK's 2nd largest source of deposits

HK's RMB deposits up 5.6% in Dec

Yuan sees more international use in Nov

 

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
主站蜘蛛池模板: 久久观看最新视频 | 成人毛片在线免费观看 | 亚洲自拍偷拍视频 | 91美女在线观看 | 网址av | 国产成人综合视频 | 精品伊人久久 | 久久午夜视频 | 男人www | 中文字幕精品三区 | 一区二区三区国产在线 | 在线观看日本 | 99自拍视频在线观看 | 久久天堂视频 | 国产丝袜在线播放 | 日本少妇久久 | 成人在线亚洲 | 久久久久午夜 | 成人视屏在线 | 日本视频在线免费 | 欧美久久久精品 | 91精品国产综合久久久蜜臀粉嫩 | 在线观看中文字幕码 | 欧美色噜噜 | 国产激情在线观看 | 成人交配视频 | 久久九九国产 | 九色视频网 | 日韩久久网 | 91蝌蚪在线 | 亚洲丝袜在线观看 | 日韩欧美在线一区二区三区 | 黄网在线视频 | 91精品国产乱码久久久久久久久 | 欧美啪视频 | 日韩亚洲视频 | 欧美a网站| 国产综合亚洲精品一区二 | 久久久久中文字幕 | 亚洲精品手机在线 | 久操福利 |