<tt id="6hsgl"><pre id="6hsgl"><pre id="6hsgl"></pre></pre></tt>
          <nav id="6hsgl"><th id="6hsgl"></th></nav>
          国产免费网站看v片元遮挡,一亚洲一区二区中文字幕,波多野结衣一区二区免费视频,天天色综网,久久综合给合久久狠狠狠,男人的天堂av一二三区,午夜福利看片在线观看,亚洲中文字幕在线无码一区二区
          USEUROPEAFRICAASIA 中文雙語Fran?ais
          Home / World

          Yuan-based trade settlement volume increases

          By Chen Jia | China Daily | Updated: 2011-03-02 07:45

          BEIJING - The transaction volume of China's cross-border trade settled in yuan has increased sharply, as the government approved pilot companies to use the currency in direct overseas investments.

          In the first month of this year, Bank of China's total volume of yuan-denominated cross-border trade settlement reached about 40 billion yuan ($6.09 billion), one-fourth of the 160 billion yuan for the whole of 2010, said Chen Jun, a manager from the international settlement business department of the bank on Tuesday.

          Industrial and Commercial Bank of China, the world's largest lender by market value, transacted about 150 billion yuan in cross-border settlement business since the pilot program started in July 2009, a report of the bank said.

          China's cross-border trade settlement in the currency rose to 510 billion yuan by the end of last year, Chen said adding that the government is looking to reduce dependence on the US dollar and quicken the pace of yuan globalization.

          "Growing international trade and investment by Chinese companies abroad increased the need for yuan-denominated settlement business, and it also provided business opportunities for domestic financial institutions," said Chen.

          Investors in the offshore yuan market are likely to hold more working capital in the currency as Chinese financial institutions are working on providing more innovative products and services, Chen added.

          The People's Bank of China in January allowed some domestic pilot companies to directly invest overseas in yuan, in order to expand yuan-settled business.

          These pilot companies were from 24 provinces and cities on the mainland, including Liaoning, Zhejiang, Guangdong and Shanghai.

          "Allowing direct investment in the currency is a start to liberalizing the capital account and will help ease the pressure of excessive liquidity, said Xu Sheng, director of the Capital Management Department at JP Morgan Chase in Shanghai.

          "It will further accelerate trade settlements in the currency and expand the offshore yuan markets," he said.

          Hong Kong, the emerging yuan hub, is expected to provide more options for investors in the offshore yuan market, with companies issuing yuan-denominated bonds and with plans to sell yuan-based shares.

          After China's government revised the settlement agreement on the clearing of yuan business in July 2010, Hong Kong handled 370 billion yuan in trade settlements last year, according to the Xinhua News Agency.

          The total value of cross-border trade in the currency rose to 108 billion in January, from 100.9 billion yuan in December last year, data from the Hong Kong Monetary Authority showed.

          According to a survey from HSBC, about 30 percent of cross-border trade of small and medium-sized companies in Hong Kong is settled in yuan, and this figure is likely to increase to 50 percent by the end of 2011.

          China Daily

          (China Daily 03/02/2011 page14)

          Today's Top News

          Editor's picks

          Most Viewed

          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: 精品中文人妻在线不卡| 亚洲国产精品不卡毛片a在线| 欧美乱妇高清无乱码免费| 九九热在线精品免费视频| 亚洲高清中文字幕在线看不卡| 久久久99精品成人片中文字幕| 资源在线观看视频一区二区| 亚洲欧洲日韩国内高清| 成av免费大片黄在线观看| 乱人伦人妻系列| 四川丰满少妇无套内谢| 白嫩少妇无套内谢视频| 亚洲成人四虎在线播放| 国产高清一区二区不卡| 色综合中文| 精品亚洲综合一区二区三区| 在线视频中文字幕二区| 性欧美video高清| 日本免费人成视频在线观看 | 久久久久免费看成人影片| 久久996re热这里只有精品无码| 成年女人喷潮免费视频| 久青草视频在线免费观看| 亚洲一区二区三级av| 日本又黄又爽gif动态图| 丰满人妻无码| 国内少妇人妻丰满av| 亚洲熟妇自偷自拍另欧美| 国产chinesehdxxxx老太婆| 国产成本人片无码免费2020| 国产精品猎奇系列在线观看| 国产亚洲精品久久久久久无亚洲| 国产成人午夜福利在线观看| 中文字幕在线亚洲精品| P尤物久久99国产综合精品| 亚洲综合中文字幕第一页| 姐姐6电视剧在线观看| 国产粉嫩美女一区二区三| 91国内精品久久久久影院| 精品久久久久久中文字幕202| 国产国亚洲洲人成人人专区|