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 / Finance

HK banks' RMB trade settlement up 37% in 2012

(Xinhua) Updated: 2013-02-27 13:50

HONG KONG - Total renminbi trade settlement handled by Hong Kong banks in 2012 surpassed 2,600 billion yuan ($413 billion), a year-on-year increase of 37 percent and representing over 90 percent of the Chinese mainland's cross- border trade settled in yuan, Hong Kong's financial secretary John Tsang said here on Wednesday.

Tsang told lawmakers at the city's Legislative Council in his budget speech that Hong Kong is now the world's largest and most efficient offshore yuan business hub, with the world's largest offshore pool of yuan. Total yuan deposits and outstanding yuan certificates of deposits stood at 720 billion yuan at end-2012.

Hong Kong also serves as a platform for enterprises and financial institutions all over the world to carry out various financial activities such as yuan payments, financing and investments, he said.

Apart from the renminbi trade settlement, Hong Kong's yuan bond market also showed continuous growth. At end-2012, outstanding yuan bonds issued in Hong Kong exceeded 230 billion yuan, an increase of 62 percent over end-2011, he said.

Hong Kong, which aims to become the offshore yuan center, started offshore yuan business in early 2004, and Hong Kong banks began to handle renminbi trade settlement in 2009. At the end of 2011, the financial hub launched the yuan Qualified Foreign Institutional Investors (RQFII) Scheme, which allows Hong Kong's designated institutions to invest in the mainland security market.

Tsang said the range of offshore yuan investment products has been broadened since the launch of RQFII, and the city's government would continue the dialogue with the relevant mainland authorities to expedite the next stage of RQFII's expansion, which will include extending the pilot scheme to qualified Hong Kong financial institutions.

"We shall continue to strengthen our market infrastructure, and stay connected with other financial centers in the world with a view to further enhancing the use of yuan for trade settlement, financing and investment at the international level, consolidating Hong Kong's position as an offshore yuan business center."

Hong Kong is an international financial center, and the financial services industry underpins our economy. The industry employs 230,000 people, or six percent of the city's total workforce.

 

Related Readings


Currency expands its reach

Offshore RMB to be HK's 2nd largest source of deposits

HK's RMB deposits up 5.6% in Dec

Yuan sees more international use in Nov

 

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 欧美又粗又硬又大久久久 | 国产成人一区二区三中文 | 国产精品日韩一区二区三区 | 国产精品yjizz视频网一二区 | 欧美亚洲国产精品久久久久 | 国产成人精品午夜二三区 | 美女张开腿让男人桶爽免 | 俄罗斯黄色毛片 | 成人做爰视频www视频 | 另类亚洲孕妇分娩网址 | 免费国产一区二区在免费观看 | 亚洲欧美日韩精品永久在线 | 欧美一级毛片aaaaa | 女人又黄的视频网站 | 在线免费观看亚洲 | 18videosex性欧美69超高清 | 一级毛片免费视频观看 | 亚洲人的天堂男人爽爽爽 | 欧美一级一极性活片免费观看 | 国产亚洲精品午夜一区 | 久久精品国产亚洲 | 大视频在线爱爱爱爱 | 一 级做人爱全视频在线看 一本不卡 | a毛片免费全部播放完整成 a毛片免费全部在线播放毛 | 久草视频在线看 | 欧美xo影院| 澳门一级特黄真人毛片 | 精品国产亚一区二区三区 | 日韩一级视频在线观看播放 | 俄罗斯黄色一级片 | 女人扒开双腿让男人捅 | 亚洲国产天堂久久综合网站 | 国产日韩欧美三级 | 欧美视频在线看 | 亚洲国产精品一区二区九九 | 欧美日本一区 | 亚洲欧美色视频 | 老湿菠萝蜜在线看 | rion美乳弹出来四虎在线观看 | 99久久国产综合精品网成人影院 | 亚洲一区二区三区高清视频 |