Core Viewpoint - The reliance of emerging market countries on the US dollar in international transactions is decreasing due to geopolitical changes, rising tariff barriers, and fluctuations in the US interest rate cycle, leading to an increase in the use of the Renminbi (RMB) in cross-border transactions [1][2]. Group 1: RMB Internationalization - The 138th China Import and Export Fair (Canton Fair) has seen an increase in the use of RMB as a trade settlement currency among exporters [2]. - Reports from institutions like China Construction Bank and CICC indicate significant growth in the use of RMB for cross-border trade settlement and financing from 2024 to 2025 [2]. - The RMB's acceptance as a trade settlement currency is particularly notable in "Global South" economies, including Southeast Asia, the Middle East, Africa, and Central Asia [3]. Group 2: Company Experiences - Suzhou Grun德 Electric Co., Ltd. has seen an increase in RMB trade settlements initiated by European clients, with RMB transactions now accounting for a growing portion of their business [6]. - Similar trends are observed at CaiXun Industrial (Shenzhen) Co., Ltd., where the proportion of RMB settlements has risen from 0% to approximately 40% for Russian clients [7]. - Jiangsu Jinpeng Group has reported a significant increase in African clients opting for RMB settlements, with the number of such clients doubling from last year [7]. Group 3: Cross-Border RMB Settlement Data - In June, the Bank of China reported that the cross-border RMB settlement volume exceeded 43 trillion yuan, a 31% year-on-year increase, while the cross-border RMB clearing volume reached 131.4 trillion yuan, up 49% [8]. - The CICC report highlighted the weakening credibility of the US dollar due to its misuse and the imposition of tariffs, suggesting a shift towards a more fragmented and diversified global monetary system [8]. Group 4: Challenges and Outlook - Despite the positive trends, companies face challenges in using RMB for international transactions, including low liquidity and high financial costs associated with offshore RMB [11]. - A survey indicated that 60% of companies cited low liquidity and high costs as major barriers to using RMB, while 50% reported that counterparties were unwilling to use RMB [11]. - Optimism remains, with 57% of domestic companies and 69% of foreign companies expecting to increase their use of RMB in cross-border trade settlements by 2025 [12].

记者 张锐 10月15日，第138届中国进出口商品交易会（下称"广交会"）在广州开幕。多位外贸从业者向经济观察报记者表示，在其涉及到的出口业务领域，使用人民 币作为贸易结算货币的客户、订单量呈上升趋势。 今年10月，中国建设银行、中国国际金融股份有限公司（下称"中金公司"）等机构发布的多份人民币国际化相关研究报告亦指出，2024年至2025年，人民币 在跨境贸易结算和贸易融资中的使用显著增长。 中国建设银行《2025年人民币国际化报告》称，受国际地缘政治变化、关税壁垒升高以及美国利率周期波动的影响，新兴市场国家对美元在国际交易中的依 赖有所下降。在此背景下，人民币在跨境交易中的使用不断增加。 报告同时称，上述变化在"全球南方"经济体中表现尤为显著。其中，东南亚、中东、非洲和中亚国家正日益接受人民币作为贸易结算货币。 来自客户的"主动" 苏州格润德电气有限公司（下称"格润德电气"）是江苏省级专精特新企业，该公司出口业务主要以家用吸尘器及其配件产品为主。 10月15日，格润德电气负责海外市场工作的冯益聪向经济观察报记者表示，该公司去年开拓的一个欧洲订单目前使用人民币进行贸易结算。 江苏金彭集团有限公司（下称"金彭 ...