RMB Reaches New Milestones in Global Usage and Popularity
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Cross-border RMB payments and receipts rose 24% year-on-year to 38.9 trillion yuan in Jan-Sept 2022.
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RMB's share of China's cross-border goods trade settlement reached 24.4% in Jan-Sept, up 7 percentage points and a record high.
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RMB's role as a financing currency growing via overseas lending and bond issuance.
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Offshore RMB markets more active, with deposits reaching 1.5 trillion yuan by end 2022.
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Central bank to facilitate trade, investment and improve RMB infrastructure.