Shortly before the fed to raise interest rates for the renminbi market brought the chill: it is reported that after onshore renminbi exchange rate over ten losses last Friday, December 21, the central parity rate also increases, termination 10 losses.
After the renminbi to join the SDR with the attitude of suspense, RMB internationalization process and set up a new milestone. But the yuan into a peg to the variety of the SDR will also need a long-term process, before this, promote overseas utilization rate of the yuan is also an important step in the "$".
Cross-border electronic payment as an important part in the currency of credit, strengthen the function of international settlement and payment of the yuan currency, plays an important role in the internationalisation of the renminbi. Public data shows that our scene is mainly distributed in the individual users of cross-border payments cross-border network consumption, cross-border transfer remittance, including the percentage of cross-border payments for cross-border network consumption Internet users as much as 65.7%. In the way of cross-border electronic payments, third-party payment platform, more favored by users because of its convenience.
In 2013, represented by pay-and-escrow, unionpay 17 domestic third-party payment platform, the first pilot qualifications obtained cross-border electronic payments. Data show that the nation's largest third-party payment platform, alipay fiscal 2014 cross-border has to pay the total amount of up to 3.87 trillion yuan. "12-12" and "black five" buy all over the global outbreak of overseas online shopping behavior shows a trend, "strong" use of the renminbi and the settlement is in the form of residents' consumption to promote overseas. According to alipay, according to data from the current overseas has access to the offline stores more than 5 m, has covered the daily life of the user traveling entertainment shopping and other industries.
In addition, after unilateral change renminbi appreciation expectations, for consumers, consumption abroad, adopting yuan-denominated settlement to avoid exchange rate risk, reduce the exchange cost of power is stronger. And consumers of real-time currency conversion and settlement, exchange rate risk and foreign consumer loan demand, is also required to pay back the clearing system perfect, this also led to cross-border RMB payment business requirements to the deepwater area ".
Examination of the chief priests Wang Yungui described earlier, since 3 month, monthly amount of cross-border payments have six months to more than $300 million. Have analysis predicts that overseas online shopping market will exceed 60 billion yuan this year, act as purchasing agency market more than 100 billion yuan.
Therefore, for overseas shopping cause the outflow of consumption actually does not have to worry too much about, on the contrary, with the help of the third-party payment channels constantly internationalization, overseas online shopping boom, to enhance the power in the international market also has huge benefits.
