The study of China to promote RMB offshore centers

• Main Authors: Shih-Yu Chen, 陳詩雨
• Other Authors: 李志強
• Format: Others
• Language: zh-TW
• Published: 2015
• Online Access: http://ndltd.ncl.edu.tw/handle/11378680193651532465

碩士 === 淡江大學 === 中國大陸研究所碩士在職專班 === 103 === Abstract： Due to China''s rapid economic development, international status is also rising RMB,RMB internationalization has become the core of the development strategy the Chinese government in the international monetary and financial fields, and develop offshore center of RMB on the one hand can increase circulation and flow rate , while also described China''s financial reform and opening up as the pre-buffering. This article by reference and summarize the successful experience of international offshore financial center development, analysis of the development of offshore financial centers have the required conditions, and then combined with China''s specific conditions, in the context of the internationalization of RMB-based, look forward to achieve the following research Purpose: First, take the study of international offshore financial center development, to understand the formation required of offshore RMB center conditions. Second, investigate the origin of the RMB offshore center policy and implementation status. Third, the development of offshore RMB center study results and analysis of future potential. Fourth, the future trend judged offshore RMB center. This study has the following three conclusions: First, One area want to become an offshore center of RMB, must have a sound financial market system, tax incentives, political and economic stability, and is subject to Chinese government approval RMB clearing center was established, and a certain pool of money the size of RMB offshore market,then the final development still depends on market demand. Second, the current top five offshore center of RMB are include Hong Kong, Singapore, London, New York, Taiwan, where the highest combined level of development of RMB business in Hong Kong, London, known in RMB foreign exchange transactions, Singapore has RMB bond trading and trade finance products advantages, Taiwan due to "Wuyuan" similar to the accumulation of large-scale RMB funds pool. Third, Hong Kong has a Chinese official policy support, the future is bound to continue as the most important of the RMB offshore center, London bet on financial markets mature, time zone, and policy, is expected to be RMB foreign exchange and cross-border transactions of the most important assets of the offshore hub.