The Internationalization Of RMB And The Development Of China's Foreign Trade Impact Study

With the October 1,2016 International Monetary Fund officially announced the RMB to become a member of the International Monetary Fund SDR SDR RMB currency basket,and the weight of up to 10.92%,surpassing the US dollar and the euro yen and sterling in proportion,as the currency basket in the proportion of Third International sdr.This important process means that the right of the people to freely use the RMB in the international arena has been officially recognized by the international community.We have long been the implementation of the process of internationalization of the RMB has made a solid step forward,for the future of capital liberalization,lay a solid foundation for trade development.The international financial and economic society has always been a battle,in which the exchange rate fluctuations of the digital is far-reaching,so in between countries often spark a conflict accidentally due to exchange rate event.A little change of exchange rate will bring huge impact of import and export trade,for the development of enterprises man's life and family possessions,related to a country's fate,so the exchange rate has been the priority among priorities of each country home game.Now China has the confidence and determination to take the road of internationalization of RMB to provide a solid guarantee for the development of China's foreign trade.Therefore,it is necessary for us to do some analysis and Research on the current situation of the development of RMB internationalization and the development trend and Prospect of China's trade in this context.In the important period of China's economic reform,the deepening of the process of internationalization of China's RMB will inevitably lead to a significant impact on China's new round of economic restructuring.In this paper,the internationalization of the RMB as the background,through the analysis process,the current situation of RMB from many aspects,have a certain understanding of the RMB current development situation of China,at the same time the author will use relevance theory to analyse the currency internationalization theory of currency internationalization as well as for a country that trade in the degree of internationalization of the RMB and the foreign trade of a country has a certain degree of correlation to elaborate the relationship between the two.In addition to the positive effects encountered in our country,at the same time,foreign trade development still exist related issues and drag:including by the RMB exchange rate fluctuations will compare to those of foreign trade enterprises closely bring uncertainties more in the import and export tradefriction,so that both sides of the continuous fermentation.Then followed by an analysis of deepening in the process of internationalization of the RMB under the condition of its development will bring to China's trade development opportunities and challenges,including: promoting the development of border trade Chinese,reduce the exchange rate risk,low cost,promote the development of domestic enterprises,have a certain impact to enhance the development of China's foreign trade discourse right,but at the same time because of the international monetary development will give domestic manufacturing in the reform of the wave mouth,a threat to the economic security of foreign trade.All these need us to do the corresponding preventive measures as soon as possible to deal with these problems.To this end,the author puts forward the following countermeasures: first,improve the technical level of internal and external.Second,give full play to the role of the RMB exchange rate leverage.Third,to strengthen the function of financial services in the real economy.It is hoped that the strategy can achieve the further development of RMB internationalization and promote our trade to make great progress under this background.