www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Markets

China, Switzerland to sign financial deal on offshore RMB market in Zurich

(Xinhua) Updated: 2015-01-21 09:26

ZURICH - China and Switzerland are poised to sign a financial deal on Wednesday to pave the way for the establishment of an offshore renminbi market in Zurich.

"A memorandum of understanding will be signed between the central banks of the two countries during Chinese Premier Li Keqiang's visit to Switzerland," a government official told Xinhua. "It is an important step in the internationalization of the renminbi, especially in Europe."

Li arrived in Zurich Tuesday to attend the annual meeting of the World Economic Forum (WEF) in the Swiss ski resort of Davos and pay a short working visit to Switzerland.

He is scheduled to deliver a keynote speech on China's economy and reform efforts to the participants of the forum and meet with Swiss leaders on Wednesday.

"Financial cooperation will be the brightest spot of Premier Li's visit to Switzerland," the official said. "The two countries will announce the plan to set up an offshore renminbi market in Zurich."

Under the deal to be signed, China will give Switzerland a quota of 50 billion yuan ($8 billion), under its Qualified Foreign Institutional Investor (QFII) scheme to support the establishment of the Zurich offshore renminbi market, while the first branch of a Chinese bank will be set up in the Swiss financial hub for future renminbi clearance after it gets approval from regulators of both sides.

The QFII program kicked off in 2002 to allow foreign investment in Chinese securities using foreign currencies.

China has established offshore renminbi markets in Hong Kong, London, among other places, in a drive for the internationalization of its currency.

The Chinese and Swiss central banks already signed a bilateral currency swap agreement worth 150 billion yuan ($24 billion), in July last year, which was intended to provide liquidity support to economic and trade exchanges between the two countries.

It is Li's second visit to Switzerland since he took office in 2013, and this year marks the 65th anniversary of the establishment of diplomatic ties between the two countries.

"This shows the importance China attaches to its relations with Switzerland," said Dong Jinyi, former Chinese ambassador to Switzerland. "Though Switzerland is not of big size, it plays a big role in China's overall relationship with Europe."

The Chinese Foreign Ministry said Li's visit is also aimed to reap the "dividend" of a free trade agreement between the two countries after it took effect in July 2014.

Switzerland, famous for its precision instruments and pharmaceuticals, was the first country among the world's top 20 to have a free trade agreement with China.

"The China-Switzerland free trade agreement has exemplary effect. It will not only enhance the economic and trade cooperation between the two countries, but also encourage other countries to follow the lead and work together with China for common development," said Chen Fengying, a senior researcher with China Institute of Contemporary International Relations.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 日本又黄又爽又免费 | 亚洲最大福利视频 | 日产乱码精品一二三区 | 亚洲免费专区 | 成人1000部免费观看视频 | 在线亚州 | 欧美精品专区55页 | 日本japanesevideo黑人 | 偷自拍| 欧美巨大另类极品videohd | 日本精品一区二区三区在线 | 久久精品视频1 | 一本久道在线 | 男的操美女 | 国产一区国产二区国产三区 | 欧美三级色 | 99秒拍福利大尺度视频 | 国产成人毛片亚洲精品不卡 | 精品在线播放 | 思思91精品国产综合在线 | 日本免费在线观看视频 | 久久不见久久见免费影院 | 精品欧美成人bd高清在线观看 | 国产欧美日本 | 亚洲线精品久久一区二区三区 | 视频一区在线观看 | 国产a不卡 | 亚洲国产一成人久久精品 | 国产三级精品久久三级国专区 | 男人的天堂毛片 | 国产成人在线网址 | 国产免费久久精品久久久 | 成年美女黄网站小视频 | 国产成人18黄网站在线观看网站 | 杨幂精品国产专区91在线 | 亚洲天堂2018av | 一级做a爰片久久毛片潮喷 一级做a爰片久久毛片美女 | 亚洲 中文 欧美 日韩 在线人 | 精品国产一区二区三区www | 亚洲高清中文字幕一区二区三区 | 久久成年人视频 |