Chapters

Introduction

Chapter 1 Internationalization Index of Renminbi

1.1 RMB internationalization index and its principles

1.2 The compilation principles of RMB internationalizationindex

1.3 The compilation method of RMB internationalizationindex

1.4 The level of RMB internationalization since 2010

1.5 Comparisons among internationalization indexof major currencies

Chapter 2 Current Situation of RMB Internationalization

2.1 RMB cross-border trade settlement

2.2 RMB transactions in international financial market

2.3 The current situation of direct investment and securitiesinvestment

2.4 RMB swap by monetary authorities

2.5 RMB in global foreign exchange reserves

2.6 Exchange rate of RMB

2.7 Current situation of China's capital account openness

Chapter 3 Important Incidents and Their Influences

3.1 Realize overall cross-border trade settled in Renminbi

3.2 Start experiment units of cross-border Renminbicapital flow

3.3 Renminbi prepares to serve as reserve currency

3.4 Building Hong Kong offshore Renminbi market

3.5 Foreign exchange trade with small currency isdeveloping

Chapter 4 Annual Hot Issues on the Internationalizationof Renminbi

4.1 Does the internationalization of RMB require thecontinuous expected appreciation of RMB?

4.2 Does it necessary to open a public capital account asthe prerequisite of RMB internationalization?

4.3 What is the need of building Hong Kong offshoreRMB market?

Chapter 5 Historical Opportunities of the Internationalizationof Renminbi

5.1 The continuous growth of China's total economy andforeign trade scale

5.2 Most developed countries in the western world havefallen into economic recession

5.3 The promotion of the emerging countries' economies has pushedthe reform of international monetary system

5.4 The large scale of foreign exchange reserve has built thecredit foundation of internationalization of Renminbi

5.5 The inclusiveness spirit in the Chinese culture

Chapter 6 Challenges of the Internationalization of Renminbi

6.1 Imbalances in the model of economic developmentand economic structure

6.2 Vulnerability of the domestic financial system

6.3 Severe external economic environment

Chapter 7 Conclusions and Suggestions

7.1 Major Conclusions

7.2 Long-term strategies of the internationalizationof Renminbi

7.3 Short-term strategies of the internationalizationof Renminbi

Appendix 1 A Summary of Views:An Interpretation ofInternationalization of the RMB

Appendix 2 Review of the Internationalization ofWorld's Major Currencies

Appendix 3 RMB Cross-border Business Innovation of the Bankof Communications

Appendix 4 RMB Internationalization Chronicle

References