ABSTRACT

RMB internationalization is a product of the 2008 international financial crisis, embodying the international monetary system reform. It is fully reflected in international public opinion. Analysis on the use of high-frequency words associated with RMB in media coverage can accurately reflect the focus on public opinion. The focuses on international public opinion vary with the international economic and financial situation. In recent years, the People's Bank of China has signed a series of bilateral currency exchange agreements with many national central banks, which injected a large amount of liquidity. The financial sector reform program proposed by the Third Plenary Session of the Eighteenth has received the praise of many experts at home and abroad and it has a comprehensive and far-reaching significance including strengthening financial regulation, interest rate liberalization, a deposit insurance system introduction, a market-based exchange rate regime and economic policies.