Current Situation and Constraints Analysis of RMB Settlement for Transnational Trade——Taking Zhejiang Province as an Example

摘要

RMB settlement for transnational trade is essential step in our country RMB internationalization. Since Zhejiang became the pilot area for the operation of RMB settlement, the total cross-border trade RMB settlement volume has been greatly developed, but also encountered a number of bottlenecks. This paper analyzes the Current Situation and Problems of RMB cross-border trade settlement business in Zhejiang Province, explore the restricting factors of RMB settlement for transnational trade, and then propose the corresponding countermeasure.