【title】Expanding Cross-border RMB Trade Settlement:Its Significance,Difficulties and Measures to be Taken
【author】 CHEN Hong-quan （China Center for Special Economic Zone Research; Shenzhen University; Shenzhen; Guangdong 518060; China）;
【Author Affiliations】 China Center for Special Economic Zone Research
【source】 Journal of Shenzhen University(Humanities & Social Sciences), 2011(01)
【key words】 cross-border trade; RMB trade settlement; RMB s internationalization; RMB s offshore market; Hong Kong;
【abstract】Expanding cross-border RMB trade settlement is of great significance to RMB s regionalization,internationalization and elevation of Chinese Enterprises international competitive power.Though the business has grown rapidly since Cross-border RMB Trade Settlement Pilot Program started in July,2009,there have been some problems,such as a comparatively small scale and an unbalanced structure,the reasons of which are the weak desire of out-of-borders enterprises for it,lagging-behind development of RMB s offsho...