Hangzhou G20 results that benefit your life
By Wu Yan (chinadaily.com.cn) Updated: 2016-09-05 14:51
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File photo. [Photo/Xinhua] |
Money: RMB's currency status rising
The expansion of Special Drawing Rights (SDR) use among the G20 members has been listed as one of the G20's key financial tasks. As China's RMB will officially be included in the Special Drawing Rights (SDR) basket on October 1, with a weighting of 10.92 percent, the currency's status will further gain international reorganization.
In the future, the use of RMB will be more convenient in terms of overseas study, tourism, shopping and cross border investment.
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- High-level guests head out on town for some shopping
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- 'It's time' for open global investment environment
- Hangzhou summit in motion
- IMF looks to expand Special Drawing Rights
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