Research On The Influence Factors Of RMB Settlement In Cross-border Trade

U.S.dollars are taken as the main settlement currency in international cross-border trade in general.Since China start to push RMB as the cross-border trade settlement currency,the use of the RMB in the international trade is fully developed,the frequency of transactions in RMB settlement has also increased,and has also save cost and time for part of China's enterprises in the international trade.But at present,the RMB cross-border trading settlement implementation is still in the initial stage,it's application in the world is still not universal.Around the influence factors on cross-border RMB trade settlement,the author intends to study the development of domestic cross-border RMB trade settlement level,and draw relevant suggestions for its development.On the basis of understanding,consolidating and grasping the cross-border RMB settlement theory,the author tries to broaden the theoretical perspective of China's cross-border RMB trade settlement,to provide relevant theoretical recommendation for its operation.In the study,based on the current situation and development direction,the author analyze the influences of the factors of RMB settlement in cross-border trade development,interpret cross-border RMB trade settlement on the domestic economy,and also clear that the influence of cross-border RMB trade settlement to Chinese economic development should not be underestimated.In accordance with the case analysis,the author provides strategy for more extensive cross-border RMB trade settlement.