国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

中文USEUROPEAFRICAASIA
China-Europe Relations

London to develop further as yuan trading hub

( Xinhua ) Updated: 2013-10-16 13:55:01

BEIJING - China and the United Kingdom on Tuesday agreed to continue to build London into a major offshore market for yuan trading, underlining the strong financial ties between the two countries.

Both sides welcomed strong growth of London's renminbi markets, making the capital city the most active renminbi center in the world outside China, according to a joint statement after the fifth China-UK Economic and Financial Dialogue held in Beijing.

"China recognized London's major role in increasing the international use of the renminbi, and both sides agreed to continued collaboration to support London's offshore market," the statement said.

To boost London's market status, China will give investors based in the city the right to buy 80 billion yuan worth of stocks, bonds and money market instruments issued by financial institutions in the Chinese mainland.

China allows foreign institutional buyers to trade yuan-denominated financial products through a regime called RQFII, or Renminbi Qualified Foreign Institutional Investor.

As a means to encourage foreign investors to hold the yuan, the RQFII now has a global quota of 350 billion yuan.

The extension of RQFII will deepen China's financial markets and strengthen renminbi activity in the offshore market, the statement said.

"China agreed to further develop capital inflow and outflow channels for renminbi, including for renminbi trapped onshore, overseas direct investment and the development of Qualified Domestic Institutional Investor (QDII) quota to support liquidity in the offshore market," it said.

In addition, both sides agreed to support further renminbi bond issuance in the UK by Chinese as well as international firms, and the development of London as an offshore renminbi debt issuance center.

A number of cities are vying for China's permission to be allocated as a center for clearing yuan trading offshore, in expectation of providing lucrative financial services.

The dialogue was co-chaired by Chinese Vice Premier Ma Kai and the UK's Chancellor of the Exchequer George Osborne.

...
精河县| 文昌市| 聂拉木县| 浮山县| 四平市| 桦甸市| 廊坊市| 景谷| 师宗县| 德格县| 当阳市| 安福县| 海城市| 桓仁| 吉木乃县| 迁安市| 哈密市| 嘉禾县| 上杭县| 五峰| 海口市| 淮北市| 化隆| 罗定市| 凌海市| 屏山县| 泗洪县| 元谋县| 长汀县| 子洲县| 乐陵市| 司法| 祁阳县| 东丽区| 齐河县| 山阳县| 七台河市| 岗巴县| 翼城县| 徐闻县| 静宁县|