A Study On The Mechanism And Strategy Of The Establishment Of The Asian Infrastructure Investment Bank For RMB Internationalization

In recent years,steadily promote the internationalization of RMB,each field has made significant progress : the current account and the foreign direct investment of RMB settlement amount rising,the offshore RMB market to further expand,further development of RMB capital account convertibility,the RMB in the SDR currency basket(SDR).However,since the fourth quarter of 2015,under the influence of RMB devaluation and foreign exchange reserves reduction,the pace of internationalization of the RMB has become slow,and some indicators even showed a downward trend.In this context,the establishment of sub investment bank for the internationalization of the RMB provides a new breakthrough.As the international multilateral financial institutions Chinese dominated by the main business investment bank is the investment in infrastructure construction of Asian countries,and serve the “The Belt and Road ”construction,investment bank in the formal operation,will play its advantages in terms of financing,in the form of loans and aid to provide financial support to the Asian foundation facilities and“The Belt and Road ”strategy,there is no doubt that Asian investment bank will be established for the internationalization of the RMB to provide a broader platform.This paper first introduces the theory of currency internationalization,mainly introduces the concept and conditions of currency internationalization,as well as the benefits and costs of currency internationalization,The second is the analysis of present situation of RMB internationalization,this paper introduces the new situation and new problems in the process of RMB internationalization,and then expounds the new opportunities facing the internationalization of the RMB,including the yuan in the SDR currency basket(SDR)establishment of Asian investment bank,and the implementation of the “The Belt and Road” plan.Finally,this paper expounds the mechanism and strategy of sub investment bank to promote RMB internationalization,and through the construction of relevant mechanism to promote RMB internationalization,to promote the internationalization of RMB to accelerate the development.The innovation of this paper is mainly embodied in:As far as the content is concerned,there is hardly any research on the mechanism of RMB investment promotion by Asian investment banks at home.Firstly,the Asian investment banking establishment and mechanism of promoting RMB internationalization are introduced;then,through the introduction of the International Monetary Fund to promote the internationalization of the dollar experience and the Asian Development Bank to promote the internationalization of the yen's Enlightenment;finally,to promote theinternationalization of RMB investment bank launched an in-depth study and put forward the relevant countermeasures.