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 / Macro

More policies to support cross-border use of renminbi

By Wei Tian | China Daily | Updated: 2013-03-02 09:56

China is likely to issue more supportive measures to encourage cross-border use of the yuan amid growing global demand for the currency, said an industry insider.

Such measures include a larger quota for renminbi qualified foreign institutional investors, fewer restrictions under the capital account, and more freedom for global yuan investments by individuals, said Cheng Jun, general manager of the Corporate Banking Unit of Bank of China.

"We are still not sure of the timetable and details of such policies, but we think this will be the next step taken by the central bank," said Cheng.

Cheng's estimates were based on the strong growth momentum of international use of the yuan.

In 2012, cross-border settlement in yuan rose 41.4 percent year-on-year, to 2.94 trillion yuan ($472 billion) according to the People's Bank of China, the central bank.

"Demand for the Chinese currency is robust," Cheng said, adding that BOC's RMB business will continue to focus on the Asia-Pacific region.

In December, BOC was authorized by the PBOC as the clearing bank for RMB business in Taiwan.

In less than a month since the business started on Feb 6, BOC Taipei has set up clearing accounts for 53 banks, and completed 5.6 billion yuan in clearing transactions.

"As cross-Straits economic ties further strengthen, and more Taiwan investors set up factories in the mainland, we expect RMB business in Taiwan to see rapid growth in 2013," Cheng said.

This confidence was shared in London, which aims to build itself into an offshore RMB center. "We have seen a strong growth in RMB trade-related services provided by London banks," said Mark Boleat, chairman of the policy and resources committee of the City of London.

Trade services grew to 2.2 billion yuan, a 390 percent increase compared to the six-month average for 2011, and the volume in letters of credit grew 20 times to 3.7 billion yuan.

Related Readings

Currency expands its reach

China to pursue RMB internationalization

Yuan sees more international use in Nov

Global use of yuan to see 'major leap' in 2013

Previous Page 1 2 Next Page

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: 中文字幕在线观看你懂的 | 久久精品欧美 | 久久精品婷婷 | 成人在线免费播放 | 免费日韩一区二区 | 欧美一级免费 | 欧美成在线观看 | 国产一区二区三区在线 | 91精品国产成人 | 一级片在线 | 偷拍青青草| 在线免费观看一区 | 综合久久婷婷 | 日韩中出 | 欧美久久久久久久久 | 久久久久久99 | 欧美日本在线观看 | www夜夜操 | 欧美一级特黄aaaaaa在线看片 | 国产精品13p | 国产精品免费一区 | 欧美亚洲图区 | www.亚洲欧美 | 久久久www成人免费毛片 | 欧日韩在线观看 | 欧美黄色短视频 | 国产性猛交xxxx免费看久久 | 黄网址在线观看 | 国产精品色悠悠 | 中文字幕亚洲欧美日韩在线不卡 | 国内精品国产成人国产三级 | 国产男女猛烈无遮挡在线喷水 | 国产无遮挡又黄又爽 | 欧美中文 | 九九国产精品视频 | 国产精久久久 | 日韩精品视频中文字幕 | 欧美日韩一区二区在线观看 | 骚虎在线视频 | 美日韩在线| 亚洲精品高清视频 |