Arab Today, arab today china expands crossborder settlement in yuan to all exporters
Last Updated : GMT 15:39:12
Arab Today, arab today
Arab Today, arab today

China expands cross-border settlement in yuan to all exporters

Arab Today, arab today

Arab Today, arab today China expands cross-border settlement in yuan to all exporters

Beinjing - Xinhua

China\'s central bank said Friday that all companies qualified for foreign trade activities can conduct cross-border export settlement in yuan. The People\'s Bank of China said in a statement on its website that China expanded cross-border trade settlement in yuan to cover all exporters in order to \"meet market demand and make foreign trade more free and convenient.\" To boost the internationalization of yuan and facilitate trade, China launched a pilot program to allow 365 companies to conduct cross-border trade settlement in yuan in July 2009. It expanded the pilot program to 20 provincial regions in June 2010, and to all parts of the country in August 2011. China\'s cross-border trade settlement in yuan under current accounts hit 2.58 trillion yuan (409.65 billion U.S. dollars) by the end of 2011, according to data from the central bank.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china expands crossborder settlement in yuan to all exporters Arab Today, arab today china expands crossborder settlement in yuan to all exporters

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china expands crossborder settlement in yuan to all exporters Arab Today, arab today china expands crossborder settlement in yuan to all exporters

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: أخبار الشركات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday