ABSTRACT
The internationalization of the RMB can be defined as the process of the RMB performing the functions of an international currency, becoming a major pricing and settlement currency in trade, and becoming a financial transaction currency and an international reserve currency. One of the purposes of the compilation of Renminbi Internationalization Index (RII) is to provide the countries around the world with the choice basis of international trade and reserve currency, which requires considering the transverse comparison and dynamic comparison between different currencies of the evaluation results in the design. The Association of Southeast Asian Nations (ASEAN) is a strategic partner of China. And Prime Minister Li Keqiang presented to complete the "regional comprehensive economic partnership (RCEP)" negotiations. The multinational company is the organizer and promoter of trade and trade development needs financial support, which is a new characteristic of current international trade.
