Core Viewpoint - The People's Bank of China and four other departments have jointly issued an action plan to enhance the convenience and efficiency of cross-border use of the Renminbi, aiming to promote its usage in international transactions [1] Group 1: Policy Initiatives - The action plan emphasizes the need to improve the convenience and efficiency of cross-border Renminbi usage [1] - Banks are encouraged to optimize document review processes and enhance data sharing while ensuring compliance [1] - A risk assessment-oriented classification management model for entities is recommended for banks to adopt [1] Group 2: Sector-Specific Focus - The plan aims to increase the proportion of Renminbi cross-border settlements in sectors such as "Silk Road e-commerce," high-end shipping, large-scale equipment exports, and overseas employee services [1] - Specialized service plans are to be designed to facilitate the use of Renminbi in investment, project construction, procurement, and revenue recovery for enterprises going global [1]
中国人民银行等四部门:促进人民币跨境使用 提升人民币跨境使用便利度和收付效率
news flash·2025-04-21 07:11