Planning Formulation Model Optimization Of Cross-Border RMB Settlement For Corporate Customers In Commercial Banks

With the gradual realization of the Belt and Road initiative,China has further completed the reform of exchange rate and interest rate.With the accession of the RMB to the SDR currency basket,China has continuously improved its cross-border RMB business and further advanced the process of RMB internationalization.Commercial banks should consolidate and leverage their advantages in cross-border RMB business,so as to effectively grasp the market opportunities of RMB internationalization.Cross-border RMB settlement business as a system engineering,it has become an important issue for commercial banks to accelerate the development of cross-border RMB settlement business by optimizing the top-level design and fulfilling the responsibilities of a leading bank from the perspective of business decision making.From the perspective of Complex Systems Theory,this thesis takes Bank G as a case study.This thesis studies the issue of the commercial banks’ planning formulation model of cross-border RMB settlement for corporate customers.This thesis identifies,the elements,objectives,structure,boundary and external environment of the commercial banks’ planning formulation model of cross-border RMB settlement.This thesis analyzes the reasons for the problems of the planning formulation model,and puts forward the optimization ideas and schemes from each local elements to the holistic structure and the holistic objectives.Moreover,this thesis proposes the concrete implementation based on practical application.This thesis discovers that the current planning formulation model of cross-border RMB settlement for corporate customers of commercial banks lacks systematicity.This thesis recognizes that the optimized planning formulation model is a cycle that sustains two or more dynamic systems,with the conditions for continuous evolution.Moreover,the planning formulation model of cross-border RMB settlement,which has been optimized in this research,provides a template of planning formulation model for all business lines of commercial banks.As an exploratory study,the commercial banks’ planning formulation model of cross-border RMB settlement can provide practitioners with a more comprehensive scientific response in terms of strategy and tactics by drawing on more theories and research methods.