日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

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: 国产精品久久久久久无人区 | 亚洲一区在线免费 | 91精品国产综合久久久久久 | 国产探花在线观看 | 日本1级片 | 91啪国产| 黄色av网站免费 | 天天爽天天| 亚洲a v网站 | 一级片一级片一级片 | 伊人久久大香线蕉综合网站 | 亚洲aaaaaaa| 国产精品视频网 | 欧美日韩在线中文字幕 | 激情五月婷婷丁香 | 成人免费毛片视频 | 91三级| 欧洲在线视频 | 在线观看不卡一区 | 日韩国产精品一区二区 | 国产一级精品毛片 | 可以在线观看的av网站 | 黄色在线免费网站 | 国产福利免费在线观看 | 一级大黄色片 | 在线观看国产日韩 | 欧美大片成人 | 九一在线免费观看 | 日日操影院| 在线观看色网站 | 日韩精品一区二区三区中文在线 | 国产黄色片子 | 天天干天天摸天天操 | 波多野吉衣一区二区三区 | 久操视频网 | 欧美第七页 | 在线香蕉视频 | 国产精品av久久久久久无 | 在线观看视频一区 | 日本熟妇毛茸茸茂密的森林 | 一级黄色在线 |