刘世锦建议实施外贸新战略：推动进出口基本平衡，并更多以人民币支付结算

Core Viewpoint - The "Sina Finance 2025 Conference and the 18th Golden Unicorn Forum" emphasizes the need for China to balance its import and export strategies while enhancing the use of the Renminbi in international trade [1][4]. Group 1: Trade and Economic Strategy - Despite a challenging international environment, China's exports have shown strong momentum, reflecting improvements in technology and industrial competitiveness [1][4]. - A significant trade deficit indicates a reduction in domestic consumption, which is a contributing factor to insufficient domestic demand [1][4]. - It is suggested that China should implement a basic balance strategy for imports and exports, maintaining export competitiveness while expanding imports and increasing Renminbi payments [1][4]. Group 2: Renminbi Internationalization - There is a notable disparity between the proportion of Renminbi reserves and the share of foreign trade, indicating a need to shift from holding foreign exchange to using Renminbi for settlements [3][6]. - Currently, China's manufacturing sector accounts for about 30% of the economy, but the monetary function of the Renminbi is below 5%, which needs to be addressed [3][6]. - The goal is to align the Renminbi's functions with China's global economic share, promoting its status as a strong international currency and facilitating reasonable appreciation [3][6]. Group 3: Long-term Economic Impact - The transition to a Renminbi appreciation phase is expected to have more benefits than drawbacks, potentially impacting exports in the short term but enhancing productivity and competitive advantages in the long run [3][6].