every reporter Xu Zi
5 Mo Yan zhengrong from Shanghai on 19th, Second Secretary of the Central Bank's monetary policy JISHA Tibetan village at Lujiazui (600,663, unit) Forum, said, with cross-border RMB trade expansion of the pilot, the Central Bank is in the process of boot ordered return of RMB, RMB cross-border investment and financing pilot approach soon.
JISHA Tibetan village revealed that the first 4 months of the year, cross-border RMB settlement had up to 530 billion yuan, reaching 5% in trading volume over the same period. By contrast, 2010 as a cross-border RMB settlement a total of 500 billion yuan, accounting for around 2% in the ratio of the total import and export trade in China.
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Japan economic three times recession focused riyin interest rate resolution fed exit: also see 2012 RMB joined SDR is can foreseen of thing IMF Qian President Kahn was bail fed said inflation higher is temporarily phenomenon fed does not in year interest rates RMB away from bank market waiting for more "restrictions" Qiming jointly immortal see disk build boutique lecture JISHA Tibetan village said , At present cross-border investment and financing of pilot banks to do renminbi. Currently is and relevant departments related to the drafting of pilot approaches, pilot currency of foreign enterprises to invest in the territory of, or the RMB FDI, has now made a small number of cases of the pilot.
This is the second in January this year the Central Bank released the administrative measures on foreign direct investment of RMB settlement pilot, allowing foreign direct investment policy of the domestic enterprises RMB to relax over and over again. JISHA Tibetan village, said that as of now, the Renminbi overseas direct investment of Chinese Enterprise pilot around about 19 billion yuan.
JISHA Tibetan village, believed that since the start of cross-border trade RMB settlement business since July 2009, the development of RMB business in Hong Kong, also entered a period of a relatively stable development. To the end of March, amount of renminbi deposits in Hong Kong is $ 450 billion.
