The Internationalization Of The Renminbi To The Steady Development

With the continuous development of China’s economy,comprehensive national strength and rising international status,China’s growing influence on the world economy,China has become the world’s second largest economy,the world’s second largest import and export,in this context,The cause of domestic and international attention.From the financial crisis in Mexico in the 1990 s and the Asian financial crisis to the financial crisis in the United States in 2008,many defects in the international monetary system have been exposed,making developing countries and emerging economies seeking reform of the international monetary system and establishing a more balanced And a diversified international monetary system.The use of the RMB in the international arena has been expanding and international cooperation has been deepened,but we should look at the internationalization of the RMB objectively and calmly.The driving force of RMB internationalization is the economic and financial stability and development of a country.A country’s economic output and international trade scale is expanding,the economic structure is reasonable.Macroeconomic stability and sustainable development,financial market norms.Stable financial markets,capital projects convertible mature.However,it is not sufficient to examine the current situation of China’s domestic economy and accelerate the free flow of capital.Economic aggregate,but the economic structure is irrational,is to focus on the speed of extensive growth,the real economy anti-risk ability.China’s financial market is not a perfect and mature market.The internationalization of the RMB should be driven by the market,can not be too hasty,to be gradual.In this paper,the current situation of China’s economic and financial analysis shows that China’s economic problems,indicating that the current conditions of China’s RMB internationalization is not mature,to change the mode of economic development,improve multi-level capital market,promote economic and financial stability,The healthy development of the RMB internationalization to provide lasting power.At the same time in the international financial dynamics of uncertainty and domestic economic system reform has not yet been successful in the context of the internationalization of RMB to a matter of course,and steadily.To promote the internationalization of the RMB to co-ordinate domestic and foreign markets to achieve the domestic macroeconomic stability and development,China should learn from the lessons of Mexico and Southeast Asia financial crisis,according to their own national conditions,prudent and orderly to promote the financial reform.Reduce the impact of international capital,reduce financial risk,clear the risk of sudden regional and external risks.At present,the internationalization of the RMB has made some achievements,but we should objectively see that the continuous development of a country’s economy is the fundamental motivation,financial market stability and prosperity is the driving force of monetary internationalization rather than the result.