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

US EUROPE AFRICA ASIA 中文
Business / Economy

IMF reform 'set to raise renminbi's global profile'

By Chen Jia (China Daily) Updated: 2015-12-21 10:50

Use of the renminbi will be broadened internationally after ratification of the 2010 quota and governance reforms of the International Monetary Fund by the US Congress, according to experts.

The reform plan, ratified on Friday, will double the IMF's quota resources, or special drawing rights, while shifting 6 percent of the quotas to dynamic emerging markets and developing countries.

China's quota will increase from 3.996 percent to 6.394 percent, making the country the third-largest shareholder in the IMF - up from sixth - and enabling it to play a bigger role in decision-making in global financial governance.

IMF Managing Director Christine Lagarde, in a statement released on Friday, welcomed the decision by the US Congress to authorize the reforms.

"The reforms significantly increase the IMF's core resources, enabling us to respond to crises more effectively," she said. They also improve the IMF's governance "by better reflecting the increasing role of dynamic emerging and developing countries in the global economy".

The People's Bank of China, the central bank, also welcomed the US ratification. In a statement issued on its website on Saturday, it said the reform "will enhance the representativeness and voice of emerging markets and developing countries at the IMF".

"Going forward, China will work closely with other member countries to support the IMF to continuously improve its quota and governance structure, to ensure that the IMF remains a quota-based and adequately resourced institution," it said.

Zhang Ming, a researcher at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said the reform requires China to take on more responsibility to maintain global financial stability, based on its position in the world economy and in cross-border trade.

"The renminbi will be widely used in the member countries' foreign exchange reserves, as China will continue to support further reforms to diversify reserves shifting from those denominated in the US dollar," Zhang said.

After the reform, the quotas of all 188 members will increase to about SDR 477 billion, or $659.67 billion.

Created by the IMF in 1969, the SDR can be exchanged among governments for freely usable currencies in times of need. A member can access up to 200 percent of its quota annually and 300 percent cumulatively, and the access can be higher in exceptional circumstances.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 97精品一区 | 欧美最猛性xxxx | 日韩欧美激情在线 | 波多野结衣家庭教师 | 一区二区三区视频在线播放 | 日本女优色图 | 亚洲视频a | 香蕉在线视频观看 | 日韩在线视频第一页 | 欧美黄色影院 | 成人h在线 | yellow网站在线观看 | 久久国产精品久久精品国产 | 日韩美在线 | 懂色av一区二区三区在线播放 | 俺来也在线观看 | 欧美日韩综合网 | 91精品视频网站 | 五月婷婷视频在线观看 | 国产a网站 | 综合国产精品 | 午夜噜噜噜 | 欧美综合区 | 黄色大片网站 | 国产三级小说 | 中文国产视频 | 日韩午夜影院 | 免费看黄网站在线观看 | 亚洲男人天堂视频 | 亚洲欧洲日韩 | 视频在线观看91 | 玖玖玖影院 | 激情丁香网 | 久久精品无码一区二区三区 | 樱桃视频污在线观看 | 亚洲开心网 | 九九热在线免费视频 | www日本视频 | 天天躁夜夜躁狠狠躁 | 黄色www | 国产精品久久 |