The Study On The Launch Of RMB Trade Refinancing Service

Based on the EMBA’s comprehensive course study and author’sworking expericences, this paper focuses on the cross border RMB traderefinancing area. By thorough analysis and research on the facts andstatistics of the current world trade and trade finance as demonstrated inthis paper, the author has made a feasibility study-like on the launch of across border RMB trade refinancing service in the China (Shanghai) FreeTrade Zone. The paper strongly suggests that this cross-border RMBtrade refinancing service should simultanously open inward and outward.By doing so, it will greatly support the world trade and benefit theinternationalization of RMB.