中国银行发布白皮书：人民币国际货币职能继续提升

Core Insights - The "2025 Renminbi Internationalization Forum" was held by the Bank of China in Hong Kong, where the "Renminbi Internationalization White Paper" was released, indicating the continued enhancement of the Renminbi's international monetary functions [1][3] - The white paper highlights the effectiveness of Renminbi internationalization in serving small and micro enterprises as well as foreign trade enterprises, with a more robust regionalization and improved depth and breadth in offshore markets [1][3] Summary by Categories Renminbi Internationalization - 94.1% of domestic enterprises and 78.4% of foreign enterprises plan to maintain or increase their Renminbi settlement ratio, showing a significant increase compared to the initial survey in 2022 [3] - 78.4% of enterprises indicated they would consider using Renminbi as a financing currency when liquidity of major international currencies like the US dollar and Euro is tight, an increase of 3.3% from the previous year [3] - 76.9% of foreign enterprises reported easy access to Renminbi products and services locally [3] Contributions from Hong Kong - The Financial Secretary of the Hong Kong Special Administrative Region stated that Hong Kong is the largest offshore Renminbi funding pool globally, with the most active Renminbi foreign exchange and bond markets [3] - The Hong Kong government is enhancing offshore Renminbi liquidity, optimizing financial infrastructure, and enriching investment and risk management products to support Renminbi internationalization [3] Global Perspective - The Deputy Governor of the Hungarian Central Bank noted that the Renminbi has become an important option for global economies in trade settlement, payments, investments, and risk hedging [4] - The scale of Renminbi settlements between related countries and China continues to rise, driven by the Belt and Road Initiative, highlighting the Renminbi's key role in the global payment system [4]