货币国际化模式比较与人民币国际化的思考

货币国际化是近来研究比较热的问题,研究的视角也很多。从分析主要货币国际化的模式出发,通过对马克和日元两种货币国际化的路径进行比较研究,探寻两种货币国际化成功的因素和发展过程中遇到的问题,在此基础上提出人民币国际化的路径选择,也不失为一种视角。     

A Long Road Ahead for RMB Internationalization

正As of October 1,the yuan—China’s currency—has been officially included into the International Monetary Fund’s(IMF)Special Drawing Rights(SDR)basket of currencies.This signifies an important milestone in the yuan’s goal of internationalization.The SDR is a synthetic reserve currency created by the IMF in 1969 to supplement     

China-Europe Cooperation Promotes RMB Internationalization

EXPANDING bilateral trade and investments between China and Europe have increased RMB settlements in international trade and financial transactions,accelerating internationalization of the Chinese currency.European countries,with their sound financial infrastructures,complete legal systems,professional supervision,and high market efficiency,have moreover advanced development of the offshore RMB market.     

Steady Progress in RMB Internationalization

ON April 18,2012,HSBC Holdings PLC issued the first RMBdenominated bond in London. Marketed to investors in Britain and Continental Europe,the bond issuance is expected to eventually raise more than RMB 1 billion.     

The Limits of RMB Internationalization

正RMB internationalization is one of the most important issues for China’s economy.Owing to the real factors affecting it,however,its development will be slower than media speculation can envisage.There is an exaggerated perception of RMB internationalization when considered according to percentage growth statistics,because calculations of them start from extremely low levels.For example,the proportion of RMB payments in the U.S.in April 2014 rose 100percent compared to a year earlier.This sounds spectacular,until taking into account that the rise constituted     

Belt and Road Boosts RMB Internationalization

正Since it was put forward,the Belt and Road Initiative has attracted growing attention around the world.Xu Yanzhuo,an associate researcher at the Institute of World Economics and Politics under the Chinese Academy of Social Sciences,shared her views on the growing role of China’s currency in promoting cooperation under this initiative.     

New Opportunities for Food

China is expected to approve commercial planting of genetically modified (GM) rice in three to five years as a major effort to raise levels of the food supply.     

New Opportunities for Internet Startups

正ON June 12,Zhongguancun opened its first"innovation street"in Beijing.Known as Inno Way,the neighborhood has attracted a range of service institutions,all geared to helping fledgling businesses get a head start.Dozens of service institutions have already made Inno Way their homes,including Garage Coffee,Legend Star,Innovation Works and 36 Kr.A confl uence of scientifi c talent and researchers,experienced investors and ser-     

人民币国际化条件下我国中央银行的角色转变

货币国际化是开放型经济大国追求的重要目标,也是全球政治经济结构发生重大变化的反映。全球经济严重失衡和次贷危机引发了国际货币体系改革的需求,人民币国际化正在成为一种不可逆转的趋势。从2008年底我国陆续与多个国家签署货币互换协议,到2009年确定在香港试点人民币跨境结算中心,再到2010年6月的人民汇率机制改革,无不彰显了人民币国际化的意愿和能力。人民币国际化将对我国中央银行造成重大挑战,同时也将有利于促进中央银行与国际接轨,转变为更加科学高效的现代化中央银行。我国中央银行需要在独立性、职能目标和政策工具等方面进行相应的调整,以适应和推进人民币国际化。     

Opportunities for New Development in Hainan

SINCE the Pan-PearlRiver Delta regionalcooperation initiatedin early June thisyear came into force,China’s southern-most special economic zone,island     

New Investment Opportunities

Input in energy conservation and emission reduction will be a stable source of investment promoting economic growth No steaming hot white vapor will come out of the cooling towers in any factories in Laiyang, Shandong Province,     

New Guangzhou, New Opportunities

Guangzhou,bordering on the South China Sea and adjacent to Hong Kongand Macao,covers an area of more than 7,400 square km with a population of 16 million.As the capital city of Guangdong Province,Guangzhou is widely known as the"southern gate"of China.     

蓄势待发:民营经济正面临新的发展机遇——2012～2013年中国民营经济发展形势分析会综述

2012年,虽然全球经济在金融危机的深层次影响下,复苏缓慢,但我国民营经济展现出了生机活力,保持了良好的发展态势.党的十八大报告明确提出经济发展方针,为民营经济转型升级、科学发展指明了方向,而且指出了一条具有中国特色的发展道路.展望未来,从国际看,经济低迷加快了全球产业调整和转移,是民营经济积极稳妥“走出去”的大好时机;从国内看,民营经济要加快转型升级既有压力也有动力,既是挑战也是机遇.为促进实现民营经济新一轮发展,需要进一步完善政策制度环境.     

New Opportunities Under RCEP

<正>The early completion of the agreement will bring new opportunities for China-India economic and trade relations Both cooperation in the Asia-Pacific Region and the global economic and trade landscape are undergoing a process of restructuring.U.S.President Donald Trump signed an executive order to withdraw his country from the Trans-Pacifi c Partnership(TPP)almost as soon as he took offi ce,endangering the deal as a whole and shaking global markets.     

人民币升值压力与国际化进程关系之辨

近期,中美汇率问题之争再起波澜,人民币汇率问题必将成为中美双方今后一段时期内争论的焦点之一,人民币新一轮升值压力也将接踵而来.与此同时,人民币升值压力和美元长期战略性贬值,既是人民币国际化进程中不可回避的问题,也使人民币国际化和人民币成为国际性货币的议论不断升温.如何看待和评估人民币升值压力与人民币国际化进程的关系,是当前中国国际金融战略需要思考的一个重要课题.     

Old Trade, New Opportunities

ANIMAL husbandry is the new leading industry within Fujian's rural economy and in certain localities contributes appreciably towards increasing farmers' incomes. In Guangze County, for instance, more than 60 percent of rural households are involved in animal husbandry, and earnings they generate from it account for 55.6 percent of their total income. "In the past, farmers earned RMB 400-500 per mu (15 mu = 1 hectare) of farmland. Since the Sheng-nong Group was established in Guangze County, they have been making almost     

第二住宅消费与海南的新机遇

90年代以来,中国出现了第二住宅消费的新趋势,海南成为第二住宅消费热点地区,其有利条件与意义,国内许多发展较好的地区无能比拟,海南向国内富裕地区推销自己的四个方面的第二住宅销售对策与建议,将给海南第二住宅消费带来新的启示。     

New Opportunities on the Silk Road

This concept of the Silk Road Economic Belt reprises the ancient traditions of the Silk Road:solidarity,equality,trust,mutual benei t,inclusiveness and learning from each other.More importantly,it also conforms to the global trend of seeking peace,cooperation and win-win development.     

Ready for RMB Reform

Now that the global recovery has taken hold and with the Chinese economy gaining ground,China's central bank-the People's Bank of China-has decided to proceed with reform of the renminbi(yuan)exchange rate regime and improve the flexibility.The central bank's spokesman on June 20 addressed a number of concerns over the issue in a statement posted on its website.Edited excerpts follow: