皇冠体育app

Economy

皇冠体育app expands pilot program of yuan settlement

(Xinhua)
Updated: 2010-06-22 14:19
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BEIJING - 皇冠体育app's central bank said on Tuesday that the pilot program of yuan settlement in foreign trade has been expanded to 20 province-level regions to facilitate trade and investment.

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The newcomers are Beijing, Tianjin,?Liaoning, Jiangsu, Zhejiang, Fujian, Shandong, Hubei, Hainan, Chongqing, Yunnan, Sichuan, Jilin, Heilongjiang, as well as four autonomous regions of Guangxi, Inner Mongolia, Tibet and Xinjiang.

皇冠体育app introduced the pilot program in July 2009. Exporters in Shanghai, and several cities in the manufacturing base of Guangdong Province were the first batch that could settle foreign trade in yuan.