高考问答积家算奢侈品吗:请高手来帮忙翻译一下这段!(3)
来源：百度文库 编辑：高考问答 时间：2024/04/29 00:53:31
The authorities in Beijing tentatively support this development. Guo Shuqing, a deputy governor of China's central bank and the chairman of the State Administration of Foreign Exchange, told local media in March that the government's attitude "is both supportive and cautious" about the increasing internationalization of the renminbi.
Guo estimated the total amount of renminbi in circulation outside China at greater than 30 billion renminbi ($3.6 billion). "Not only in neighbouring countries, but even in the United States, there are places for the exchange of renminbi. The circulation of renminbi demonstrates confidence in the Chinese economy," Guo said.
China's membership of the World Trade Organization only accelerates the emergence of a strong, unified Chinese currency. This, in turn, will increase the desirability of a fully convertible renminbi, both as a way of smoothing the integration of China's economy into the world economy, and as a way for China to exercise its economic might more directly. Full convertibility is a stated goal, but no fixed timetable has been set.
The renminbi's gradual emergence is consistent with past Chinese experiments in economic and political reform. "Since China trade is becoming an important part of intra-regional trade, China will be happy to see the renminbi used," says Andrew Freris, chief economist at BNP Paribas in Hong Kong. "China turns a blind eye to all this and sees an upside in terms of acceptance of the currency," concurs a
senior economic adviser at HSBC in Hong Kong.
未完.
Guo estimated the total amount of renminbi in circulation outside China at greater than 30 billion renminbi ($3.6 billion). "Not only in neighbouring countries, but even in the United States, there are places for the exchange of renminbi. The circulation of renminbi demonstrates confidence in the Chinese economy," Guo said.
China's membership of the World Trade Organization only accelerates the emergence of a strong, unified Chinese currency. This, in turn, will increase the desirability of a fully convertible renminbi, both as a way of smoothing the integration of China's economy into the world economy, and as a way for China to exercise its economic might more directly. Full convertibility is a stated goal, but no fixed timetable has been set.
The renminbi's gradual emergence is consistent with past Chinese experiments in economic and political reform. "Since China trade is becoming an important part of intra-regional trade, China will be happy to see the renminbi used," says Andrew Freris, chief economist at BNP Paribas in Hong Kong. "China turns a blind eye to all this and sees an upside in terms of acceptance of the currency," concurs a
senior economic adviser at HSBC in Hong Kong.
未完.
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