www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

Shanghai eyes Belt and Road key role

By Wu Yiyao in Shanghai | China Daily | Updated: 2017-10-12 07:38

Shanghai eyes Belt and Road key role

A group of international visitors rest on a rooftop at the Bund, Shanghai, July 30, 2012. [Photo/VCG]

Shanghai aims to become an investment and financing hub for markets involved in the Belt and Road Initiative and a global renminbi financial services center, said city authorities on Wednesday.

"The city will step up the opening of the financial market, leveraging resources and innovative mechanisms at the China (Shanghai) Piloted Free Trade Zone, such as cross-border financing and investment, and the issuance of renminbi-denominated bonds," said Tang Zhiping, director of the Shanghai Municipal Development and Reform Commission.

Shanghai municipal government released a circular on Wednesday that includes 60 measures to maximize the impact of existing policies to better serve demands from countries and regions involved in the Belt and Road Initiative in aspects including trade and financing, cultural exchanges, education and human resources, innovation and technological development, and policymaking.

Shanghai will support overseas institutions and enterprises to issue renminbi-denominated bonds in Shanghai's financial market, according to the circular.

In March 2013, Russia's company UC RUSAL, world's second largest aluminum supplier, became the first company from a market involved in Belt and Road Initiative that has issued renminbi-denominated bond at Shanghai Stock Exchange.

Since then, the combined size of renminbi-denominated bonds issued in Shanghai have surpassed 200 billion yuan ($30.32 billion). Issuers include global financial institutions, central and local governments of other countries, and overseas non-financial enterprises.

By the end of August, the Shanghai Gold Exchange had 12 international members in markets involved in the Belt and Road Initiative, accounting for 20 percent of its international members.

"Shanghai will also take advantage of cross-border renminbi business facilities to better serve trade and financing for markets involved in the Belt and Road Initiative", the circular said.

The Cross-Border Inter-Bank Payment System in Shanghai will enable cross-border settlement and clearing in renminbi that facilitate trade and financing for overseas companies operating in China.

Currently, 19 banks have been using the CIPS system to help clients in these businesses. More than 670 companies have used two-way cross-border renminbi cash pooling services in international trade and financing with a combined transaction volume of some 865 billion yuan.

"The Belt and Road Initiative is an open platform that creates opportunities to markets which are involved, and the influence and benefits have already been expanding from initially infrastructure to other sectors", according to a recent report on Belt and Road Initiative by consultancy services provider PwC.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 久久久久久久综合色一本 | 黄色美女网站免费 | 亚洲成a人片在线观看中文!!! | 久久久久88色偷偷免费 | www国产91| 欧美特黄aaaaaaaa大片 | 亚洲自拍偷拍网 | 亚洲成人高清 | 欧美资源在线观看 | 色偷偷成人网免费视频男人的天堂 | 久久国产精品视频 | 国产操操| 天天碰夜夜操 | 国产毛片一区 | 国产在线视频欧美亚综合 | 欧美在线视频一区二区 | 一级一片在线播放在线观看 | 黄频免费影院 | 亚洲精品中文一区不卡 | 欧美一级在线看 | 国产成人综合在线视频 | 欧美特黄一级高清免费的香蕉 | 私人玩物福利 | 日本成人在线视频网站 | 女女互操| 成年人免费在线视频网站 | 日韩 欧美 自拍 | 日韩美女视频在线观看 | 久久女厕一次看个够 | 久久国产精品久久久 | 亚洲精品亚洲人成在线 | 国产一区二区三区在线观看影院 | 成人一级大片 | 99久久免费精品视频 | 国产欧美日韩精品高清二区综合区 | 18成人免费观看网站入口 | 韩国毛片 免费 | 国产成人a一在线观看 | 九九九九视频 | 久久91精品国产99久久yfo | 国产成人精品久久一区二区三区 |