The Discussion And Analysis Of Renminbi Internationalization Based On Path Investigation

With the development of the economic globalization, at the Pacific Asia region, the voice of regional economics' integration turns more and more high, but the difference of economy index and the cultural background come to a decision to want to build up such an area organization as " EU" and" NAFTA" is very difficult in Asia. The Pacific Asia region should look for own development mode- increase by degrees. Currently, many sub district organization is rising gradually in the Pacific Asia region. As a big country in Asia, China should push the development of the economic and become a big winner. Currently, many sub district organization is rising gradually in the Pacific Asia region. As a big country in Asia, China should push the development of the economic and become a big winner. Speeding up renminbi's internationalization is internal request for the economy further development of our country, which also will keep on the growth to expand the vaster development space for our country economy necessarily at the same time.At the same time, the native currency internationalization can bring to income from minting coins, lower the rate of exchange risk and raise the international influence etc. Although currency internationalization can enlarge the possibility of suffering from the economic and financial turbulence impact, if well timed moderation, the benefit is still bigger than the fraud. Therefore every nation is speeding up the progress of the financial liberalism; work hard for to occupy a place in international currency system. The influence of currency substitution (usually for US$) to one country economy is obvious. It breaks the independence of one country's monetary policy and public finance policy. Therefore, today in district economic high-speed development, renminbi faces two kinds of choices——promotes the currency internationalization strategy, making renminbi become a kind of the international currency; Or become an object of hard currency substitution. Obviously, promote the currency internationalization is a kind of inevitable choice.In recent years, the Chinese economy keeps on the fast growth, the whole economic power raises continuously, renminbi rate of exchange keeps on the stability, and had a very international storage, and especially Chinese government expresses the high sense of responsibility in Asia financial crisis, making the significant exaltation of the international reputation of renminbi. At peripheral nations and regions, renminbi was gradually being to the trade currency and international balance of accounts means. Recently, the rate of exchange mechanism is being built.