Research On CNY Settlement Of Cross-border Trade Between China And Central Asia In The Context Of The "The Belt And Road" Approach

In 2013,the Chinese government promoted the "Belt and Road" initiative,increased trade,investment and financial cooperation with countries along the route,broadened and improved the national space and external environment for China's economic development,and "One Belt,One Road" was driving the trade activities of Eurasia.At the same time,it will also drive currency activities,which will bring new opportunities for the internationalization of the RMB.Located in the heart of the Eurasian continent,Central Asia is the land of the commercial trade route on the land,the ancient Silk Road.Nowadays,the geostrategic importance of Central Asia is more prominent.It is the offshore starting point of the "Silk Road Economic Belt" and an important part and core area of the "Silk Road Economic Belt".The bilateral trade volume between China and Central Asia has increased nearly 110 times in more than 20 years.Today China is the largest trading partner of Turkmenistan and Kazakhstan,the second largest trading partner of Kyrgyzstan and Uzbekistan,and the third largest trading partner of Tajikistan.This paper makes a more in-depth analysis of the RMB settlement of cross-border trade between China and Central Asia under the background of "Belt and Road",and proposes targeted countermeasures based on this.This paper is divided into five chapters.The first chapter is the introduction,expounding the research background and significance of the thesis,combing the research literature review at home and abroad,proposing research ideas and methods,and pointing out its innovations and deficiencies.The second chapter is in international trade.The theoretical basis of RMB cross-border settlement research,expounds the concept of RMB settlement of cross-border trade,currency competition theory and international trade settlement currency selection theory;the third chapter is the overview of RMB settlement of cross-border trade between China and Central Asia under the background of "Belt and Road" The elaboration mainly includes the development process and strategic significance of the "Belt and Road" strategy,the overview of trade and investment in China and Central Asia,and the development of RMB settlement in cross-border trade between China and Central Asia.The fourth chapter is on the background of "One Belt,One Road".China and Central Asia cross-border trade settlement of RMB,including the analysis of the basic conditions of cross-border RMB settlement between China and Central Asia,the analysis of the applicability of China and Central Asia's international trade structure and RMB settlement,and the RMB in China and Central Asia Analysis of the role of regional cross-border trade settlement and RMB in China Cross-border settlement in Central Asia weaknesses analysis,Among them,the acceptance of RMB in Central Asia is not high,the clearing channels are few,the return mechanism is not smooth,the RMB exchange rate mechanism is not smooth,and the renminbi business between Kazakhstan and other four countries is unbalanced;The fifth chapter is the strategy to improve the RMB settlement of cross-border trade between China and Central Asia.It mainly includes three aspects:improving the basic conditions of cross-border RMB settlement in China and Central Asia,striving for settlement currency choice,and strengthening financial support.