<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 useful in corporations' overseas deals

          By Wei Tian | China Daily | Updated: 2011-09-13 07:44

          XIAMEN, Fujian - China should formulate policies to encourage more companies to use the yuan in the settlement of their outbound direct investment (ODI), said a central bank official.

          "The scope of applications for the yuan is not much different from that of the US dollar and euro ... and it will not be long before the yuan becomes fully convertible," said Xing Yujing, deputy director of the People's Bank of China's monetary policy department II.

          That division is in charge of driving the yuan's internationalization. Using the yuan in ODI could ease financing obstacles faced by companies investing overseas and let other countries share the fruits of China's strong economic growth, Xing said on Friday.

          Xing made the comments at a supplementary forum of the 15th China International Fair for Investment and Trade.

          Minister of Commerce Chen Deming on Thursday called for stronger support for companies investing abroad, including "a broader channel for cross-border flows of yuan".

          Xing said: "Many companies were easily exposed to the risk of exchange-rate fluctuations in the global market. You can't expect everyone to be a forex expert, thus using the yuan is a more secure method."

          Moreover, the fear of a second global crisis could result in a "dollar shortage" because of its status as the "reserve currency", and that has led to heavy demand for dollar-denominated loans at a high cost, Xing said.

          "But the liquidity of the yuan is still guaranteed, and it is also a much simpler process than to swap twice when settling in dollars," she said.

          The central bank has been formulating policies to provide yuan loans for overseas projects, with nine banks offering such services, she added.

          As of the end of 2010, China's total ODI was $317.2 billion, the 17th largest in the world, with investments in 178 nations and regions. The Asia-Pacific region and Latin America were the top two destinations for China's ODI.

          A survey by HSBC Holdings Plc in May suggested that yuan would replace the British pound as the third most popular currency for trade settlement globally in the second half of 2011.

          According to Xing, overall cross-border settlements in yuan exceeded the equivalent of $1.1 trillion in the first seven months of this year, compared with $500 billion last year, involving more than 140 countries and regions worldwide.

          Edwin Fung, global chair of KMPG's Global China Practice, said using the yuan in ODI would surely benefit many companies that face financing difficulties.

          "Many Chinese companies could hardly get a loan from a foreign bank, for they have no credit record abroad," Fung said.

          According to Xing, using the yuan would also be a benefit for destination countries, as they could use the yuan for foreign direct investment (FDI) in the Chinese bond market.

          The Chinese bond market is the world's fifth largest, with more than 200 billion yuan ($31 billion) in cash deals a day. The injection of foreign capital would have little impact on the overall stability of the Chinese financial market, Xing said.

          FDI projects still require individual approval, but policies will be issued in the near future to change the process, Xing said.

          Vice-Premier Li Keqiang said during a visit to Hong Kong in August that the central government will strive to build the city into an offshore center for yuan businesses.

          The Financial Times, meanwhile, reported that the United Kingdom was likely to become another offshore market for the yuan, and it said Vice-Premier Wang Qishan's UK visit was part of a bilateral effort toward that goal.

          The yuan already meets the conditions to be an international currency for reserve and settlements. It will play an important part in achieving close relations with emerging economies and establishing a new international monetary system, Xing said.

          China Daily

          (China Daily 09/13/2011 page15)

          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: 国产精品中文第一字幕| 亚洲国产成人自拍视频网| 亚洲av无码片在线播放| 国产日韩综合av在线| 亚洲AVAV天堂AV在线网阿V| 日本一区二区三区福利视频| 麻豆一区二区三区精品蜜桃 | 精品久久香蕉国产线看观看亚洲| 中文字幕第一页亚洲精品| 国产精品久久无码不卡黑寡妇| 国产极品粉嫩福利姬萌白酱| 一级做a爰片在线播放| 伊人色综合久久天天小片| 国语对白在线免费视频| 国产精品人妻中文字幕| 日本欧美午夜| 熟女精品国产一区二区三区| 国产在线98福利播放视频| 欧美成人黄在线观看| 亚洲+成人+国产| 日韩av爽爽爽久久久久久 | 色视频不卡一区二区三区| 亚洲自偷自偷在线成人网站传媒| 欧美成人精品在线| 狠狠色综合网站久久久久久久| 国产精品高清中文字幕| 中文字幕无码免费久久99| 韩国美女福利视频在线观看 | 国产精品不卡一区二区在线| 在线a亚洲老鸭窝天堂| 被喂春药蹂躏的欲仙欲死视频 | 无码伊人66久久大杳蕉网站谷歌| 日韩精品 在线 国产 丝袜| 国产精品中文一区二区| 国产激情视频在线观看首页| 国产一区二区在线影院| 无码人妻丰满熟妇啪啪| 亚洲一区二区精品另类| 色偷偷中文在线天堂中文| 国产欧美综合在线观看第十页| 人妻少妇久久中文字幕|