Improve Financial Cooperation Mechanism and Enhance the Attractiveness of RMB——Research on the RMB Cross Border Using in Zhejiang,Liaoning and Other Regions
In Through research and on-site visits to 11 relevant government departments,13 financial institutions and 25 enterprises in Zhejiang,Liaoning and Jiangsu,it was found that the cross-border use of RMB has maintained a rapid growth in recent years,and the acceptance of RMB by enterprises in major trading partner countries has increased.However,the expansion of cross-border use of RMB still faces difficulties such as policy restrictions of some countries,low acceptance of overseas counterparties,and sanctions risks faced by Chinese financial institutions.In the next step,we should actively improve the financial cooperation mechanism with major trading partners,optimize the cross-border use environment of RMB,increase the willingness of non-residents to hold RMB,expand government incentives and subsidies,promote China's overseas investment to be settled in RMB,and expand the cross-border use of RMB.
Cross-Border Use of RMBFinancial CooperationTrade and Investment
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