The Development and Improvement of RMB's Internationalization

RMB's internationalization has made some progress,but there are still some difficulties such as the convertibility of RMB under capital accounts and the influence of foreign trade and market-oriented rate of RMB interest and exchange and the developed financial market.The currency internationalization experience of the present major international currency shows the currency internationalization is determined by market forces.RMB's internationalization should be improved by the adjustment of economic structure and the reform of the financial management system and participating in the regional monetary cooperation and promoting the international monetary system reform.