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Central Bank Governor Pan Gongsheng: The Renminbi has become the world's second-largest trade financing currency.

2025-06-18 02:15:11

Gate News bot, on June 18, Pan Gongsheng, governor of the People's Bank of China (Central Bank of China), said at the 2025 Lujiazui Forum that the yuan has become the world's second largest trade finance currency, and in full caliber, the yuan has become the world's third largest payment currency; The International Monetary Fund (IMF) Special Drawing Rights (SDRs) (SDR) the world's largest weight in the basket of currencies. In the future, whether it is a single sovereign currency or a few sovereign currencies as the leading international currencies, sovereign currency countries need to shoulder corresponding responsibilities, strengthen domestic fiscal discipline and financial supervision, and promote economic structural reform.

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