China to globalize RMB via increased cross-border use   

中国将鼓励国家级经开区开展人民币跨境使用等试点

据中国政府网消息，国务院办公厅今日发布《关于促进国家级经济技术开发区转型升级创新发展的若干意见》。意见明确，鼓励在符合条件的国家级经开区开展人民币资本项目可兑换、人民币跨境使用、外汇管理改革等方面试点。[查看全文]

(ECNS) – China will encourage increased cross-border use of the yuan in its economic development zones to further globalize the currency.

In a notice released Friday on upgrading China's national economic and technical development zones, the State Council encouraged trial programs of cross-border RMB settlement, capital account convertibility and foreign exchange management reforms.

By 2014, China had 215 national economic development zones, contributing to the country's economy by raising its GDP, attracting foreign direct investment and creating jobs.

China has been taking big strides in RMB globalization. According to Bank of China, in the first three quarters of 2014, the amount of cross-border RMB trade settlement reached 4.8 trillion yuan ($780 billion), surpassing the 2013 total.