HSBC Foreign direct investment of Chinese enterprises will grow by 40% -50%

 Securities Market Weekly (Reporter Pan Ying) January 14, HSBC Bank (China) Co., Ltd. He Shunhua commercial and financial services director, said via e-mail, foreign direct investment in the pilot launch RMB business in China will make the total amount of foreign direct investment 40% -50% annual growth rate.

1 13, the People's Bank of China issued Document No. 1 New Year, banks to domestic institutions in foreign invested enterprises or project grant of RMB loans.

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He Shunhua central bank, said: another effective channel, which will further advance the use of renminbi overseas. This new pilot will be ongoing cross-border trade, the RMB settlement of co-ordination, mutual promotion, thus gradually raising the funds in the overseas circulation of RMB usage. progress, from a global perspective, China is already the fifth largest foreign direct investment source. We expect that China's total foreign direct investment enterprises will be an annual 40-50 percent growth rate. p> It is noteworthy that, due to foreign direct investment in China is nearly 90% invested in emerging markets, while demand in emerging markets is the most promising areas of the RMB, so HSBC is expected to launch this new pilot will help meet emerging market for cross-border trade, the RMB settlement of the growing demand.

With the continuous introduction of various policy measures, He Shunhua believe that the popularity of the RMB in overseas markets and the use of faster than expected.