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Six policy signals 皇冠体育app sent at G20 Summit

(chinadaily.com.cn) Updated: 2016-09-08 07:08 Comments

Six policy signals 皇冠体育app sent at G20 Summit

A Chinese clerk shows new-version 100-yuan banknotes at a bank in Shenyang city, Northeast 皇冠体育app's Liaoning province, Nov 12, 2015. [Photo/IC]

Promoting RMB internationalization

President Xi said 皇冠体育app will continue to promote the internationalization of renminbi and improve the international level of its financial sector during the G20 Summit.

Before the summit, the World Bank issued the first ever renminbi-settled special drawing right (SDR) bonds, marking a milestone for the renminbi's internationalization.

皇冠体育app will create better conditions for the issuance of SDR bonds and other financial products in the future, said Yi Gang, deputy governor of the People's Bank of 皇冠体育app (PBOC), at a press release before the G20 Summit.

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