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

US EUROPE AFRICA ASIA 中文
Business / Economy

IMF reform 'set to raise renminbi's global profile'

By Chen Jia (China Daily) Updated: 2015-12-21 10:50

Use of the renminbi will be broadened internationally after ratification of the 2010 quota and governance reforms of the International Monetary Fund by the US Congress, according to experts.

The reform plan, ratified on Friday, will double the IMF's quota resources, or special drawing rights, while shifting 6 percent of the quotas to dynamic emerging markets and developing countries.

China's quota will increase from 3.996 percent to 6.394 percent, making the country the third-largest shareholder in the IMF - up from sixth - and enabling it to play a bigger role in decision-making in global financial governance.

IMF Managing Director Christine Lagarde, in a statement released on Friday, welcomed the decision by the US Congress to authorize the reforms.

"The reforms significantly increase the IMF's core resources, enabling us to respond to crises more effectively," she said. They also improve the IMF's governance "by better reflecting the increasing role of dynamic emerging and developing countries in the global economy".

The People's Bank of China, the central bank, also welcomed the US ratification. In a statement issued on its website on Saturday, it said the reform "will enhance the representativeness and voice of emerging markets and developing countries at the IMF".

"Going forward, China will work closely with other member countries to support the IMF to continuously improve its quota and governance structure, to ensure that the IMF remains a quota-based and adequately resourced institution," it said.

Zhang Ming, a researcher at the Institute of World Economics and Politics at the Chinese Academy of Social Sciences, said the reform requires China to take on more responsibility to maintain global financial stability, based on its position in the world economy and in cross-border trade.

"The renminbi will be widely used in the member countries' foreign exchange reserves, as China will continue to support further reforms to diversify reserves shifting from those denominated in the US dollar," Zhang said.

After the reform, the quotas of all 188 members will increase to about SDR 477 billion, or $659.67 billion.

Created by the IMF in 1969, the SDR can be exchanged among governments for freely usable currencies in times of need. A member can access up to 200 percent of its quota annually and 300 percent cumulatively, and the access can be higher in exceptional circumstances.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 国产大片一区 | 精品一区二区三区免费爱 | 成人免费毛片视频 | 亚洲国产欧美在线人成精品一区二区 | 国产三级播放 | 一级特黄牲大片免费视频 | 免费男女乱淫真视频播放 | 亚洲国产人成中文幕一级二级 | 美国一级毛片免费看成人 | 久操精品视频 | 在线亚洲观看 | 国产成人啪精品午夜在线观看 | 69精品免费视频 | 男女午夜性爽快免费视频不卡 | 黄色三级免费网站 | 久久狠狠躁免费观看2020 | 我们2018在线完整免费观看 | 91免费国产高清观看 | 久青草国产97香蕉在线视频xx | 中文字幕综合在线 | 99热久久免费精品首页 | 清纯唯美综合网 | avav男人天堂| 欧美69视频在线 | 精品久久久久久影院免费 | 一区二区三区中文字幕 | 久久99爱视频 | 亚洲天堂区 | 久久久久999 | 国产婷婷一区二区三区 | 久久怡红院 | 日韩免费一级a毛片在线播放一级 | 亚洲国产一区在线精选 | 思思99re | 三级毛片免费看 | 久久免费视频网站 | 香蕉久久久| 黄色网点| 99久久精品久久久 | 久久久一本精品99久久精品66 | 久久www视频 |