The historical significance of RMB entry into SDR shishangqiyi

The historical significance of the RMB to join the Sina SDR exposure platform: letter Phi lag behind false propaganda, the performance of long-term lower than similar products, how to buy funds pit? Click [I want to complain], Sina help you expose them! Wei Jijun in October 1, 2016 to join the SDR historical significance of RMB, RMB officially joined the International Monetary Fund (IMF) (SDR) the SDR currency basket, which is an important milepost of RMB internationalization. This is the strategic choice of deepening economic reform and opening up in china. With the continuous improvement of China’s economy and the international status of the RMB, the international proposal to increase the voice of the RMB into the SDR. The Party Central Committee and the State Council, the situation in a timely manner to look far ahead from a high plane, an important strategic plan to promote the RMB to join SDR. President Xi Jinping, Premier Li Keqiang, Vice Premier Ma Kai made important instructions. RMB to join SDR work in full swing in an orderly manner. At the same time, China’s leaders in more international conferences and bilateral occasions on the SDR issued an important point of view, with the United States, Britain, Germany, France, Russia, India and other issues of close communication on the SDR, consensus. The people’s Bank of Chinese in conjunction with a number of departments and IMF closely with the SDR standard of review, data, operation and other issues carried out in-depth exchanges and cooperation, to solve a series of technical problems, and laid a solid foundation for RMB to join SDR. RMB Chinese for successful entry into the SDR, and the world is a win-win results, both on behalf of the international community China recognition of the achievements of reform and opening up, is conducive to promoting RMB internationalization steadily, promote China’s participation in the global economy in a deeper and broader field, but also conducive to enhancing its SDR representation and attraction, perfect the current international monetary system. This is the result of China’s economic and financial reform continued to deepen. Long period of financial reform and opening up for the RMB to join the SDR lay a solid foundation. After the Asian financial crisis, China’s banking sector has carried out a series of institutional reforms. After 2003, the joint-stock reform of state-owned commercial banks has been launched, which has created favorable conditions for the internationalization of rmb. Since the review of SDR in 2010, the RMB cross-border payments continue to rise, the offshore RMB market to further expand the international cooperation in the deepening of the RMB, widely used and wide range of transactions greatly improved. According to the final review of the IMF report in the "widely used", as of 2014, 38 countries hold RMB assets $71 billion 800 million, accounting for 1.1% of the total foreign assets, in seventh place in the world; as of the second quarter of 2015, the RMB international bank debt of approximately $479 billion, accounting for 1.8% of the world, in fifth place in the world; as of the second quarter of 2015, the RMB international bond balance of about $76 billion, accounting for 0.4% of the world, is located in the ninth world, and in 2010 the RMB international bonds amounted to $8 billion, accounting for twenty-first in the world; in 2015 1 ~ June new RMB international bonds of approximately $28 billion, accounting for 1% of the world, is located in the sixth world, and in 2010 of RMB相关的主题文章: