三级aa视频在线观看-三级国产-三级国产精品一区二区-三级国产三级在线-三级国产在线

US EUROPE AFRICA ASIA 中文
Business / Economy

New working group formed to push trading, clearing of China's currency in the US

(Xinhua) Updated: 2015-12-01 10:26

New working group formed to push trading, clearing of China's currency in the US

A photo illustration shows a $100 banknote placed above Chinese 100 yuan banknotes in Beijing in this May 10, 2013 file photo. [Photo/Agencies]

NEW YORK - A working group on renminbi trading and clearing was set up in the New York City on Monday with former NYC mayor and business tycoon Michael Bloomberg serving as the chair of the group.

The group said enabling renminbi-denominated transactions to be cleared in the United States will sharpen the competitiveness of US companies by lowering transaction costs, and bring about direct benefits to the US economy.

The move is one of the results of Chinese President Xi Jinping's state visit to the United States in September when both Xi and President Barack Obama agreed to further deepen financial cooperation between the two countries.

"President Obama and President Xi came to an important agreement that will greatly benefit both the United States and China, and it's now incumbent on US industry to follow their lead," said Bloomberg.

The formation of The Working Group on US RMB Trading and Clearing follows that agreement, with the objective of charting a framework and roadmap that will make it easier for US institutions to make or receive renminbi payments, subject to review by US authorities, thereby lowering their transactional costs, increasing their efficiency and helping them build stronger trade and business partnerships -- which in turn will create more jobs and lead to further US economic growth.

The group will initially include the following member institutions: The US Chamber of Commerce, Bank of America, BNY Mellon, Citi, Goldman Sachs, JP Morgan Chase, Morgan Stanley, Wells Fargo, Agricultural Bank of China, Bank of China, Bank of Communications, China Construction Bank, Industrial and Commercial Bank of China, Additional firms are expected to join the group in the near future.

Tom Donohue, president and CEO of the US Chamber of Commerce, said, "Creating a Chinese currency trading mechanism in the US makes it easier for American businesses to sell goods in China and will help the yuan evolve into a free floating currency."

Tian Guoli, Bank of China's chairman of the Board of Directors said, "We are pleased to join the working group as an initial member, and work with business leaders from China and the US to advance a mechanism to trade and clear renminbi in the US".

Also on Monday, the International Monetary Fund (IMF) said that China's renminbi is eligible for joining the Special Drawing Rights (SDR) basket as an international reserve currency.

The decision marked a milestone in the internationalization of the renminbi. The inclusion of the renminbi will take effect Oct 1, 2016, the IMF said in a press release.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 老妇毛片久久久久久久久 | 香蕉视频免费看 | 亚洲精彩视频 | 日本级毛片免费观看 | 欧美aaa性bbb毛片 | 亚洲国产天堂在线网址 | www.一级毛片| 欧美成人黄色片 | a久久99精品久久久久久不 | 国产一级c片 | 国产娱乐凹凸视觉盛宴在线视频 | 天天摸夜夜添久久精品麻豆 | 欧美一级成人 | 中文永久免费观看网站 | 欧美亚洲一区二区三区四 | 国产免费叼嘿视频 | 99re这里有免费视频精品 | 国产欧美在线一区二区三区 | 欧美黑人乱大交灬太大了视频 | 99久久一香蕉国产线看观看 | 精品国产免费观看一区高清 | 国产男女性做爽歪歪爱视频 | 1000部18未成人禁止国产 | 日本一级成人毛片免费观看 | 398av影院视频在线 | 亚洲精品免费观看 | 国产在线观看网址在线视频 | 丝袜亚洲综合 | 国产一区二区三区精品视频 | 欧美色图影院 | 色婷婷狠狠 | 免费看a级片 | 丝袜足交在线 | 在线看的毛片 | 亚洲精品一区91 | 亚洲美女一区 | 久久久久国产午夜 | 亚洲福利一区二区精品秒拍 | 国产第一区精品视频ai换脸 | 亚洲精品视频免费 | 在线观看精品福利片香蕉 |