Source: Yiwu sourcing agent Author: Gary Date: 2010-07-20
Yesterday, the city cross-border trade, RMB pilot launch was held at the Kingdom Hotel. He Meihua said settlement was officially launched pilot projects, Deputy Mayor Mr Wu Sen China.
June 22, the central bank and other six ministries jointly issued "on the expansion of the pilot RMB for cross-notification of relevant issues," Cross-Border Trade in Zhejiang Province was officially included in the second batch of pilot areas RMB, the city has also been included in Tender for pilot cities.
At present, the city has the right to import and export trade, manufacturing more than 2,000 enterprises and 212 countries and territories around the world have a direct trade. Data show that last year the city's foreign exchange settlement amount of more than 15 billion U.S. dollars, of which more than 5 million U.S. dollars over 99 enterprises, more than 10 million U.S. dollars over 38 enterprises, cross-border trade, the RMB settlement of the pilot launch of the Yiwu Small Commodity exports is of great significance to maintaining the market and steady economic growth, foreign trade will play an important role.
It is understood that, as early as June 23, Bank of China, Yiwu city branch of the first to launch cross-border trade in RMB business for foreign trade enterprises Yiwu successfully handled an upfront payment in advance cross-border export trade in RMB business, the amount of 105 000 yuan. At present, the city BOC, ICBC, Agricultural Bank of China, Construction Bank and other 15 foreign exchange designated banks may handle cross-border trade in RMB clearing business.
Launch, the City Bank of China, ICBC, Agricultural Bank of China, Construction Bank and other 28 were foreign trade enterprises and the city held a signing ceremony.
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