Trade and financial opening drive each other, and the internationalization of the renminbi is accelerating comprehensively.
Goldman Sachs China's chief economist Shen Hui told a reporter from Securities Daily that the renminbi is embarking on a unique path of internationalization - using trade as a starting point, gradually increasing its trade share and the proportion of renminbi settlements, and relying on a current account surplus to achieve capital circulation through outbound direct investment.
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