亲亲发出吧唧吧唧的声音,美国女子监狱,av 丝袜 欧美 老 另类 亚洲,国色天香久久久久久久小说

Huge room for Chinese yuan to improve global use: PBOC official

Source: Xinhua| 2018-01-14 23:01:46|Editor: yan
Video PlayerClose

QINGDAO, Jan. 14 (Xinhua) -- The Chinese yuan has huge room to improve its use in global systems partly due to increasing demand for yuan-denominated assets, a central bank official said Sunday.

"Yuan's international status is far lower than the proportion of the Chinese economy in the global economy, which means enormous room for improvement in the currency's global use," Yin Yong, vice governor of the People's Bank of China, said at a forum held in Qingdao, east China's Shandong Province.

The currency only accounts for around 1.8 percent of international clearing, 2 percent of foreign exchange (forex) transactions, and over 1 percent of forex reserves, Yin said.

In contrast, China, the world's second largest economy, boasts more than 15 percent of global GDP and around 11 percent of trade.

Thanks to solid economic growth, Yin believes there is demand for more yuan-denominated assets in financial markets and the real economy worldwide.

Yin said the Belt and Road Initiative provides a significant opportunity for internationalization of the yuan. "In 55 countries along the Belt and Road, payment in yuan only makes up less than 5 percent of total trade volume."

Along with opening up in China's capital market, yuan's global drive is moving forward in a steady pace. The International Monetary Fund in October 2016 officially added the yuan to its Special Drawing Rights, evidence of the currency's global potential.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105521368953821
主站蜘蛛池模板: 太原市| 江北区| 姚安县| 读书| 耿马| 肥东县| 乐至县| 新源县| 七台河市| 兴山县| 乡宁县| 成武县| 麦盖提县| 泰和县| 罗定市| 内乡县| 佛山市| 禹州市| 南漳县| 桐城市| 溆浦县| 大埔县| 岳西县| 白山市| 垣曲县| 兴隆县| 海淀区| 调兵山市| 浑源县| 房产| 屏东县| 通渭县| 兴义市| 东兴市| 宁都县| 南汇区| 娱乐| 冷水江市| 三河市| 崇左市| 托克托县|