The Study of Trade Development Promote RMB Internationalization
|School||Huazhong University of Science and Technology|
|Keywords||RMB Internationalization Trade Development Trade Competitiveness Trade Intensity|
This paper inverstigates relevant problems of RMB internationalization from the point of view of trade in the path of trade development promotion and takes Southeast Asian countries in empirical analysis. Firstly, it shows there are two pathes in promotion a currency internationalization:the tade devolopment path and financial development path, and then summarizes the relevant trade devolopment theory. We find RMB internationalization in Southeast Asia is exhibiting in trade function through analysis the feasibility of RMB internationalization.And the empirical results show that Chinese trade development promotes RMB internationalization in Southeast Asia because of the advantages in ecomomy stablization, trade difference and high market share.Through the above analysis, we concluse RMB internationalization must be taken the main trade development promotion path. The internationalization of RMB in promote trade development path is more appropriate with Chinese national conditions in practical and feasible way.The strategic choice of RMB internationalization has presented as follows:take though international trade devolopment path to accelerate the process of internationalization of the RMB, promote China from a word manufactory country to a huge trade country, and then grow into a financial powerful country, and ultimately achieve RMB internationalization.