国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Money

Yuan to facilitate business with other economies

(Xinhua)
Updated: 2011-06-16 13:54
Large Medium Small

MOSCOW -- Chief Executive of the Hong Kong Monetary Authority (HKMA) Norman Chan on Wednesday said here that the use of Chinese currency Renminbi will facilitate the business between China and emerging market economies.

Chan made the remarks in a luncheon seminar entitled "Use of Renminbi in Cross-Border Trade and Investment -- A New Era" which was jointly organized by the HKMA and China Development Bank (CDB).

Related readings:
Yuan to facilitate business with other economies Waiting for the yuan boost
Yuan to facilitate business with other economies The renminbi's journey to the world
Yuan to facilitate business with other economies HK to boost RMB-denominated shares trading
Yuan to facilitate business with other economies Emerging market underperformance in 2011 'unusual'

"As emerging market economies are playing an increasingly important role in the world's financial and economic developments, the greater use of domestic currencies in cross-border transactions is a continuing trend in the future," said Chan.

"This (use of Renminbi) will help reduce currency conversion costs and exchange rate risks and enhance China's economic links with Russia and other emerging market economies, while providing increased convenience and business opportunities for enterprises and financial institutions," he added.

Di Weiping, chief investment officer and chief executive of Hong Kong Branch of CDB, said the CDB, China's largest bank in cooperative foreign financing and investment, signed in April an agreement among relevant financial institutions in Brazil, Russia, India and China on pursuing cooperation in lending in domestic currencies.

"At present, CDB's lending in Russia amounted to $28.4 billion, and will seek to further cooperation with Russia in respect of business in domestic currencies," Di said.

On December 15, Russia's Moscow Interbank Currency Exchange (MICEX) officially launched ruble-yuan trading, while Yuan-ruble trading began last November in China's Shanghai Stock Exchange.

分享按鈕
临夏县| 黔江区| 越西县| 冕宁县| 兖州市| 利川市| 牙克石市| 商都县| 靖远县| 新泰市| 农安县| 尼玛县| 诸暨市| 岑巩县| 泗阳县| 施甸县| 凤阳县| 鲁甸县| 肇州县| 德庆县| 滦平县| 韶山市| 南木林县| 太湖县| 大关县| 南城县| 独山县| 古交市| 大田县| 三亚市| 贺兰县| 阳曲县| 泰来县| 井冈山市| 梓潼县| 临泽县| 斗六市| 隆化县| 蛟河市| 金乡县| 自治县|