国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

Guangdong cross-border RMB settlement hits 2.85 trln USD in 10 yrs

Source: Xinhua| 2019-11-28 00:47:40|Editor: Mu Xuequan
Video PlayerClose

GUANGZHOU, Nov. 27 (Xinhua) -- The cross-border RMB settlement in Guangdong reached 20 trillion yuan (2.85 trillion U.S. dollars) over the past 10 years ending in October, according to the Guangzhou branch of the People's Bank of China (PBOC).

Guangdong contributed to 22 percent of the country's cross-border RMB business volume, making RMB the second-largest cross-border payment currency in the province for eight consecutive years, it said.

In July 2009, China approved a pilot program for cross-border trade settlement in RMB, embarking on the internationalization process of the Chinese currency.

The cross-border RMB settlement in Guangdong surged to 3.2 trillion yuan in 2018 from 1.5 billion yuan in 2009. More than 90,000 companies, or over 80 percent of all foreign-oriented businesses in Guangdong, have enjoyed the RMB settlement service.

The PBOC branch said it encourages businesses to conduct cross-border RMB settlement to reduce risks from bigger exchange rate fluctuations.

In the January-October period, Guangdong's cross-border RMB settlement in goods and services trade reached 1.5 trillion yuan. The figure accounted for 25 percent of all cross-border local and foreign currency settlements in Guangdong, an increase by 5.1 percentage points from 2018.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011105091385879901
主站蜘蛛池模板: 海门市| 伊金霍洛旗| 庆云县| 洞口县| 临夏县| 清新县| 图们市| 长春市| 玛多县| 晋宁县| 洛宁县| 普陀区| 沙田区| 旌德县| 格尔木市| 宁津县| 三原县| 饶河县| 黄陵县| 宜兴市| 梁河县| 汾阳市| 扶沟县| 滨海县| 北宁市| 泰顺县| 嵊泗县| 鹿泉市| 黄山市| 南通市| 五峰| 柳林县| 芒康县| 清涧县| 关岭| 登封市| 社会| 甘肃省| 太谷县| 达日县| 青龙|