Research on the Path of RMB Internationalization under the Background of "the Belt and Road"

Abstract

The "the Belt and Road" is a win-win cooperation road to promote common development and achieve common prosperity, and a peaceful friendship road to enhance understanding and trust and strengthen all-round exchanges. This article first explores the current development status of RMB nationalization and analyzes the current process of RMB internationalization from multiple perspectives. Then, it analyzes the impact of "the Belt and Road" initiative on RMB internationalization from both opportunities and challenges. Finally, it proposes suggestions and specific implementation paths for RMB internationalization in the context of the "the Belt and Road". Under the "the Belt and Road" initiative, China's RMB internationalization should adhere to the real economy orientation and promote the steady development of RMB internationalization; Build a multi-level cooperation mechanism and create a favorable international environment; Efforts will be made to promote Chinese standards and the use of the RMB in infrastructure construction.