top of page

The PBOC Work Conference in 2023 emphasized the orderly promotion of RMB internationalization





The 2023 Working Conference of the People's Bank of China was held on January 4. The meeting summarized the main work in 2022 and the past five years, analyzed the current situation, and deployed the work in 2023.


Yi Gang, Governor of the People's Bank of China, and Guo Shuqing, Secretary of the Party Committee, attended the meeting and delivered speeches.


The meeting pointed out that China will continue to deepen international financial cooperation and opening up. Do an excellent job in leading the sustainable finance work of the G20. Steadily expand institutional opening-up such as rules, regulations, management, and standards. Promote the internationalization of RMB in an orderly manner. It was proposed to join the RMB liquidity arrangement of the Bank for International Settlements (BIS) and promote the weight of the RMB in the Special Drawing Rights (SDR) currency basket to 12.28%.



 


Disclaimer: All the information on this website is provided on an “as is” and “as available” basis, and you agree to use such information entirely at your own risk. Monisight gives no warranty and accepts no responsibility or liability for the accuracy or completeness of the information and materials contained in this website.


Under no circumstances will Monisight be held responsible or liable in any way for any claims, damages, losses, expenses, costs, or liabilities whatsoever (including, without limitation, any direct or indirect damages for loss of profits, business interruption, or loss of information) resulting or arising directly or indirectly from your use of or inability to use this website or any websites linked to it, or from your reliance on the information and material on this website, even if the Monisight has been advised of the possibility of such damages in advance.

14 views0 comments

Recent Posts

See All

Opmerkingen

Beoordeeld met 0 uit 5 sterren.
Nog geen beoordelingen

Voeg een beoordeling toe
bottom of page