Study Of Approach And Implementation Strategy For The Internationalization Of RMB

In the21st century, Asian countries is developing rapidly. In this era, we havewitnessed the rapid development of developing countries, and this development wasled by China. We also pleasantly surprised to see that Asian countries enhance thecomprehensive competitiveness on a global scale. From2006, the U.S. subprimemortgage crisis has finally evolved into a2008-2009global financial crisis gradually.Unexpectedly this crisis provides an opportunity for the internationalization of RMB.Then RMB really went abroad and embarked on the via of internationalizationgradually. This article was talked about the process of internationalization of RMB.Then we made some proposals to look for the paths and strategies for theinternationalization of the RMB.First chapter was foundation of theory from <Das Kapital> first volume, discussingabout the condition, cost, and income one after another.Second chapter, as analysis of background about internationalization, based onsituation of international finance-economy of Post-Financial crisis, started fromdomestic basic actuality, tried to prove Internationalization is final fate of RMB.Third chapter analysed some internationalization progress of main currency, andpointed out China should start its way from Asia, which called regionalization，thenby the corporation of Asian currency, finally fulfill internationalization.Forth chapter further discussed about specific path and step of RMBinternationalization, pointed out that most important work should be increasing ofRMB cross-border trade settlement, construction of on/off-shore of RMB financialcenter, and perfection of domestic financial system reformation and financial marketconstruction. We hope that the healthy development of internationalization of theRMB will be promoted effectively through these efforts.Then RMB would go abroadfaster and stably.