The central bank is released!

Source: central bank website

On the 23rd, the central bank issued the 2022 RMB internationalization report, which includes the following points:

First, we need to continue to do system design, policy support and market cultivation, strengthen the coordination of local and foreign currency, support market entities to use more RMB in foreign trade investment, and further promote the pilot of integrated domestic and foreign currency funds pools of multinational companies;

Second, we must promote the opening of the financial market to a comprehensive system, and to improve the liquidity of RMB financial assets;

Third, further facilitate foreign investors to invest in the Chinese market, enrich the types of assets that can invest, and facilitate foreign investors, especially central bank institutions to allocate more RMB assets;

Fourth, support the issuance of "panda bonds" from overseas entities, and continue to do a good job of the "cross -border financial management" pilot work of the Guangdong -Hong Kong -Macao Greater Bay Area;

Fifth, the construction of the Pilot Zone (free trade port), the construction of the Guangdong -Hong Kong -Macao Greater Bay Area and the Shanghai International Financial Center, promote the innovation of RMB cross -border investment and financing business, and continuously improve the willingness to use RMB in trade investment in trade investment;

The report pointed out that in the next stage, it will be based on market -driven and independent choices of enterprises to promote the internationalization of the RMB carefully.

Further consolidate the basic institutional arrangements for cross -border use of RMB, meet the needs of the RMB use of good entity departments, promote the two -way opening of the financial market in a higher level, and promote the virtuous cycle of the RMB in the shore and offshore market.

At the same time, the cross -border capital flow macro -prudential management framework that continues to improve the integration of domestic and foreign currency, establish and improve the surveillance, evaluation and early warning system of cross -border capital flow, and firmly adhere to the bottom line that does not occur without systemic risks.

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