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RMB Region Circulation and Internationalization

WU Pin-y

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Abstract

From present Chinese practical economic conditions,internationalization of RMB is not mature;it is just a long development process.Region circulation of RMB is rational object in recent years,in order to promote RMB internationalization,Chinese economy needs to retain lead growth in Asia and keep stable in RMB value.We should develop finance market and get rid of finance defect,speed up free exchange of RMB,and prepare for RMB internationalization in the end.

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What this paper is about

From present Chinese practical economic conditions,internationalization of RMB is not mature;it is just a long development process.Region circulation of RMB is rational object in recent years,in order to promote RMB internationalization,Chinese economy needs to retain lead growth in Asia and keep stable in RMB value.We should develop finance market and get rid of finance defect,speed up free exchange of RMB,and prepare for RMB internationalization in the end.

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Available abstract

From present Chinese practical economic conditions,internationalization of RMB is not mature;it is just a long development process.Region circulation of RMB is rational object in recent years,in order to promote RMB internationalization,Chinese economy needs to retain lead growth in Asia and keep stable in RMB value.We should develop finance market and get rid of finance defect,speed up free exchange of RMB,and prepare for RMB internationalization in the end.

Key concepts: Renminbi, Internationalization, Circulation (fluid dynamics), Order (exchange), Business, Value (mathematics), International economics, Chinese economy

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