IIF point Renminbi becomes an international currency reserves of important.When the official industry Expo 2015, May 13 at the international science and technology of China (CHITEC) 18 times Mr. Charles Collyns, Managing Director and Chief Economist, international financial institutions (International Institute of Finance: IIF) says the Chinese economy is in a "New normal" access to Chinese retribution, will be funding to various countries around the world, more and more, and the Renminbi will become a major international currency.Mr. Collyns said, as China has become the country with the most trade value in the world and the second largest economy in the world. Renminbi, the currency will become international, that play an important role, because investors and traders will choose to use the Renminbi. Composed of China's efforts to launch the economy to the outside, and the creation of a financial system that has transparency.Collyns also pointed that the boss of China's role on the world's economic growth increased from less than. 5 per cent in 1990 to nearly one-third over the past year and are likely to add more gradually. In the future, in which the liberalization of investment projects and the management of the exchange rate more flexible. To help push the Renminbi has become a major international currency.The latest report of the Association of financial communication between International Bank (SWIFT) suggest that in a month. Mar 09 ago Renminbi currency at the top is used to settle abroad, most of the world's top five and has a 2.03 percent market share.
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