World Center Money,Offshore RMB Market and Internationalization of RMB

As a great developing nation with advantage of backwardness,China has enjoyed political status and prestige corresponding with its constantly increasing comprehensive national power,economic and trade volume listing top position in the world.At the same time of promising to commit its obligation,china should take full advantage of its great power and enjoy the strategic benefits completely,such as the internationalization of RMB.Presently,considering the condition of internationalization has being formed,we should choose the route in favor of internationalization of RMB and propel the regionalization of RMB actively.During the international action,we should encourage using RMB,unloose the restriction on the inflowing of RMB cash,carry out the international finance cooperation extensively and develop the offshore financial market servicing for RMB offshore business and catering to the internationalization of China's economy.Then on the right time,we should realize the free convertibility of RMB in the capital account and in our domestic market,achieve the RMB free convertibility and make RMB to be the world currency.