Foreign exchange is the creditor's rights held by the monetary management authorities (central bank, monetary management institutions, foreign exchange stabilization fund and Ministry of Finance) in the form of bank deposits, treasury bonds and long-term and short-term government securities. , which can be used when the balance of payments is in deficit. It is an important part of a country's economic strength and an important force for the country to balance its international payments.
By 20 15, China ranks first in the foreign exchange reserves of governments around the world. The United States, Japan, Germany and other countries have a large number of private foreign exchange reserves, and the overall foreign exchange reserves of the country are much higher than that of China. Therefore, China is still very passive in the right to speak in international foreign exchange. At present, it is urgent to promote the innovation of China's monetary and financial system, internationalize the RMB and compete for the right to speak.
Xinhua Express Exchange was grandly launched by the state for the internationalization of RMB and the struggle for the right to speak internationally. It has played an important role in promoting the innovation of China's monetary and financial system and serving the real economy. Xinhua Zhejiang Commodity Exchange Center is an important layout launched by Xinhua News Agency for the international pricing power and discourse power of China commodities. Always adhere to the fundamental purpose of "national interests above all else, serving the real economy" and keep up with the national strategic planning and development pace. It is a booster for China's economic and financial development.
As a national commodity trading institution, Xinhua Commodity Trading Center should bear the brunt of this heavy responsibility.
As the first operation center of Xinhua Bulk, Chongqing Operation Center has always been guided by the trading center, followed the ideological pace of the trading center, and even dared not slack off on foreign exchange. On this important task, Zhejiang Mingyuan Commodity Management Association and Trading Center will make every effort to make RMB go international, win the right to speak internationally, better serve the real economy and make efforts for the economic development of China.