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The role of digital currency in RMB internationalization

Publish: 2021-03-28 22:07:15
1.

Hello, the replacement of paper-based RMB by digital RMB is basically certain. Just as the era goes from entity to e-commerce, RMB also goes from offline to online. Its function is exactly the same as paper money, that is, the digital version of paper money

at present, China's digital currency is a leading technology, which is bound to accelerate its digital currency construction in the short term, in order to find the gap with DCEP. However, DCEP can ultimately promote the nationalization of RMB, still depends on the steady growth of domestic economy and the international circulation ability of RMB itself, not only on the digital technology of RMB, but also has a long way to go

2. "Gold Valley" Drama: 30 episodes type: historical region: Mainland
director: Xi Xin Starring: Du yuan, Xi Xue, Zhang o, Liu Jiajia, Yao long, Zhang Ying
synopsis: in 1945, before the Japanese army surrendered, they hid 800 pieces of gold bricks in jinniutuo mountain and slaughtered all the informed Chinese workers, Only Tian survived. During the movement, Tian you was framed as a traitor, expelled from the party and put in prison. After acquittal, he was assigned to work in a state-owned gold mine. After the reform and opening up, the state relaxed the policy and encouraged people to seek for gold. Tian you, who retired from the gold mine, led his family and employees to prepare for a big fight. Tian you and his children experienced all kinds of hardships in the process of panning for gold, as well as the test of family affection and love. In the end, Tian you not only collected gold bars once in a blue moon, but also found the father of a white haired man who had been lost for many years to clear his son's name in the abandoned tunnel, and found the gold bricks hidden by the Japanese devils. The descendants of the Japanese soldiers, whose hands were stained with the blood of the Chinese people, came back to plead guilty and knelt down in front of the mountains and the great wall where the bones of the Chinese workers were buried.
3. 1. The four elements of monetary system are: the determination of monetary materials, the name of currency, monetary unit and price standard, the standard currency and subsidiary currency and their solvency, and the issuance guarantee system. 2. At present, countries all over the world generally take the strength of financial asset liquidity as the main basis for dividing monetary levels. 3. The forms of consumer credit include deferred payment, installment payment and consumer loan. 4. Under the condition of coexistence of various interest rates, the decisive interest rate is the benchmark interest rate, which is usually the rediscount rate of the central bank in western countries. 5. The operating principles of commercial banks are profitability, security and liquidity. 6. The balance of a country's balance of payments is usually judged by the balance of autonomous transactions. 7. The premise of the central bank to play the role of lender of last resort is to concentrate the deposit reserve of commercial banks. 8. Investment financial institutions mainly include financial companies, mutual funds and money market mutual funds. 9. According to Keynes' money demand theory, when the income level rises, the money demand of transaction motivation and prevention motivation will increase. 1. The so-called "currency in circulation" is the sum of the currency that plays the function of means of circulation and the currency that plays the function of means of payment. 2. The short-term bonds issued by the state, acceptance bills issued by banks, large amount negotiable certificates of deposit and other short-term securities can be realized at any time in the money market in the form of transfer, discount, mortgage and other forms, which can be transformed into real means of purchase and payment. We call them quasi currency. 3. M1 in narrow sense is composed of cash and current deposit, M2 in broad sense is composed of M1 plus quasi currency. 4. The creditor who provides commercial credit, in order to guarantee his claim to the debt, holds a kind of written credit certificate, which is called commercial paper. 5. The way that the issuer issues securities by itself instead of through the securities underwriting agency belongs to direct issuance. 6. In a narrow sense, off balance sheet business can be roughly divided into guarantee business, commitment business, loan sale and asset securitization. 7. There are window guidance and moral advice for indirect credit control in monetary policy tools. 8. The central bank provides capital payment to commercial banks mainly through refinancing and rediscount. 9. Deposit oriented financial institutions include commercial banks, savings banks and credit cooperatives. 10. According to the delivery time of foreign exchange transaction, the exchange rate can be divided into spot rate and forward rate. 11. Since the birth of the monetary system, it has experienced four main forms of monetary system: silver standard system, gold and silver compound system, gold standard system and paper currency system. 12. Paper money, bank notes, deposit money and electronic money are all credit money. 13. The basic characteristics of credit are repayability and interest payment. 14. Under normal circumstances, the nominal interest rate minus the inflation rate can be regarded as the real interest rate. 15. As a special kind of enterprise, the business object of financial institutions is monetary capital and financial instruments. 16. In 1994, in order to meet the needs of economic development, China established three policy banks, namely, China Development Bank, Export Import Bank of China and Agricultural Development Bank of China. 17. In essence, the transaction object of financial market is monetary capital, which needs to be traded with the help of monetary capital. 18. The securities issuing market is also called the primary market. It complements the securities circulation market and forms a unified securities market. 19. The multiple of total deposit and original deposit is the so-called deposit multiplier. 20. In the balance of payments, when income exceeds expenditure, we call it surplus; On the contrary, when expenditure is greater than income, we call it deficit. 21. Up to now, the basic structure of electronic computer is based on the idea of stored program, which was first proposed by von Neumann. 22. The minimum configuration of microcomputer hardware includes host, keyboard and display. 23. The start-up sequence of microcomputer should follow the sequence of peripherals before host. 24. In a microcomputer, the basic unit used to store information is byte. 25. Floppy disk write protection prevents data from being modified. 26. If 32x32 dot matrix Chinese characters are used, the storage capacity of 3755 dot matrix Chinese characters is 469.375 KB. 27. The unsigned binary integer 10101101 is equal to the decimal number 173, the hexadecimal number ad, and the octal number 255. 28. Given that the ASCII code of capital letter D is 68, the ASCII code of lowercase letter D is 100. 29. If the byte in the memory is numbered 0000H ~ ffffh with hexadecimal number, the memory capacity is 65536; The memory capacity of the other microcomputer is 4MB, and its address must be at least 22. 30. If a 2.37 million word modern Chinese dictionary is stored on a floppy disk, it needs about 3.62 1.44 MB floppy disks. 31. According to von Neumann principle, the computer consists of five parts: input device, output device, arithmetic unit, controller and memory. 32. There are three types of computer system bus: internal bus, system bus and I / O bus. 33. Computer software system is divided into system software and application software. 34. Multimedia technology has four characteristics: diversity, integration, interaction and digitization. 35. The bridge acts on the data link layer of the OSI / RM reference model, and the router acts on the network layer of the OSI / RM reference model. 1. Currency: refers to a special commodity that is fixed as a general equivalent. 2. Exchange rate: the system formed by the state's regulations on the relevant elements of money, the organization and management of money circulation, etc. 3. Credit transaction: also known as advance transaction or margin transaction, it is a transaction mode in which the client only pays a certain amount of margin with his own credit and entrusts the broker to buy or sell securities after obtaining the credit of the securities broker. 4. Keynesian liquidity preference: it refers to people's psychological tendency to hold money with no income but flexible turnover, which is essentially people's demand for money. 5. Inflation: under the condition of paper currency circulation, e to the excessive money supply, the purchasing power of money with the ability to pay exceeds the supply of goods, which leads to the continuous depreciation of money and the continuous rise of general price level. 6. Base currency is the sum of cash held by the public in circulation and reserves of the banking system. 7. Commercial paper is a kind of written proof of creditor's right that the creditor who provides commercial credit holds in order to guarantee the claim of debt. 8. Rediscount policy: the central bank's policy provisions for commercial banks to apply to the central bank for rediscount of their unmatured bills. 9. Interbank lending is the act of mutual financing between banks or between banks and non bank financial institutions in order to meet the need of insufficient temporary fund position. 10. Monetary intermediate target, which is between the final target and the operation index, is a policy variable that the central bank can achieve with a certain degree of spirit after the monetary policy operation and transmission. 11. Balance of Payments - a systematic monetary record of a country's total foreign economic transactions over a certain period of time. 12. Credit is a kind of lending behavior, a unilateral value transfer with repayment and interest payment as conditions, and a special form of value movement. 13. Monetary policy is the sum of the policies and measures adopted by the central bank to adjust variables such as money, credit and interest rate in order to achieve its macroeconomic goals. 14. Gresham's law, also known as the law of bad money expelling good money, means that in the case of double standard currency system, good money whose actual value is higher than the legal value is expelled from the circulation field, and bad money whose actual value is lower than the legal value is widely circulated in the market. 15. Deflation is a concept corresponding to inflation. In western economics, deflation is generally defined as the continuous decline of the overall price level over a period of time. 1. The basic functions of money are briefly described. Value scale, circulation means, wealth storage and payment means. 2. What is the basic multiplier of money? This paper briefly analyzes the determinants of monetary multiplier. Monetary basic multiplier, also known as monetary expansion coefficient, is a coefficient used to explain the multiple relationship between total money supply and base money. There are five determinants of money multiplier, which are the current deposit legal reserve ratio, the fixed deposit legal reserve ratio, the fixed deposit ratio, the currency ratio and the excess reserve ratio. 3. The main factors affecting the exchange rate are briefly described. A country's economic situation, balance of payments, currency circulation, interest rate and political factors, government's various policy factors, foreign exchange control, expectation psychology, financial speculation and so on will have an impact on the change of exchange rate. 4. How do commercial banks create credit money? What factors restrict its ability to create deposit money? Credit creation of commercial banks refers to the creation of credit currency by commercial banks through loan and securities investment. The premise of credit creation of commercial banks is the implementation of transfer settlement and partial reserve system. The creative ability of commercial banks depends on the size of the original deposit and the influence of the statutory reserve ratio, excess reserve ratio, cash leakage ratio, statutory reserve ratio of fixed deposit and the ratio of current deposit into fixed deposit. 5. What is the foundation of modern credit activities? What are the characteristics of modern credit activities? Credit is a kind of loan activity, which is the performance of the relationship between creditor's rights and debt. Modern credit activities have the following characteristics: modern credit relationship has become the most common and basic economic relationship in modern economy. Secondly, in the modern economic life, risk and income are matched with each other. Thirdly, in the modern credit activities, credit tools present the trend of diversification. Fourth, modern credit activities increasingly rely on credit intermediaries and their services to rece financing risks and improve financing efficiency. 6. This paper briefly analyzes the influence of income and market interest rate on money demand. The level of income is directly proportional to the demand for money. Market interest rate is inversely proportional to money demand. 7. What are the indicators of inflation? Consumer price index, wholesale special price index, GDP deflator 8. Briefly describe the main contents of the balance of payments. Current account, capital and financial item, error and omission Item 9. Try to describe the main contents of monetary system (1) determination of monetary materials (2) name of currency, monetary unit and price standard (3) base currency, secondary currency and its solvency (4) issuance guarantee system 10 The Keynesian school holds that the main link in the transmission process is interest rate. The change or adjustment of money supply first affects the rise and fall of interest rate, then changes the investment and total expenditure, and then affects the change of total income. 11. What is the base currency? What are the main channels for the central bank to supply the base money? Base currency refers to the sum of the cash circulating outside the banking system and the reserves of the banking system. There are three main channels for the central bank to supply base money: (1) refinancing and rediscount to commercial banks and other financial institutions; (2) purchasing reserve assets such as gold, silver and foreign exchange; (3) providing money through open market business. 12. This paper briefly describes the adjustment policy when the balance of payments is unbalanced. Expenditure change policy, including fiscal policy and monetary policy; Expenditure conversion policy, including exchange rate policy and direct control; Financing policy mainly includes foreign exchange buffer policy and credit means. 13. This paper briefly describes the significance of commercial banks' deposit taking. The deposit of commercial bank determines its assets; Deposit is the difference between commercial banks
4. Personal feeling is not very reliable
now many P2P are pits
let alone virtual currency
5.

Yes. An inherited disease characterized by a lack of pigment in the skin and its appendages. It can be divided into systemic albinism and local albinism, the former is the most common. The skin of the patient was white and the hair was silvery white or light yellow; The iris is light red or light gray, translucent, the pupil is light red, the retina has no pigment, shy light, nystagmus, and the vision is decreased; The patient is very sensitive to the sun. After the sun exposure, the skin may thicken and develop squamous cell carcinoma. The pathogenesis of albinism is e to the disorder of melanin metabolism. Melanin in normal human body is synthesized by melanocytes. There are melanosomes in melanocytes, which contain tyrosinase, which can convert tyrosine into melanin. The number of melanocytes in patients with albinism is normal, and there are melanosomes in the cells. However, e to the mutation of the gene controlling tyrosinase, tyrosinase can not be synthesized. Therefore, tyrosinase in melanosomes is deficient, and tyrosine can not be transformed into melanin, resulting in skin, mucous membrane, hair, eyes and other albinism. Albinism can be inherited in many ways. Systemic albinism belongs to autosomal recessive inheritance. Local albinism is autosomal dominant inheritance. Ocular albinism (normal skin and hair) can be X-linked recessive or autosomal recessive inheritance. Albinism is worldwide, with a total incidence rate of 1/10000 to 1/20000. At present, there is no effective treatment for albinism, so prevention should be given priority to. It is one of the important preventive measures to prohibit the marriage of close relatives. This disease can also be diagnosed prenatal. At 4-5 months of gestation, a small piece of skin was taken from the fetus through fetal endos to check whether the fetus was albino under the electron microscope, so as to avoid the birth of the child and achieve the purpose of eugenics. In the way of inheritance, albinism is an autosomal recessive inheritance. Albinism is only manifested when the indivial is recessive homozygous (AA). Usually, the parents of patients with albinism are heterozygous with normal phenotype. Their genotype (AA) is the carrier of pathogenic gene, and one fourth of their siblings are at risk. Another explanation is that albinism is a more common disease caused by melanin deficiency in the skin and its accessory organs. This kind of patients usually lack melanin in their skin, hair and eyes, so they show five pigments in the retina of their eyes. Their iris and pupils are pale pink and afraid of light. They always squint when they look at things. Skin, eyebrows, hair and other body hair are white or white with yellow. This kind of patient is commonly known as "goat white head". In fact, the different skin color of human body is e to the different amount of melanin in human skin. Black skin has the most melanin, yellow skin has less melanin, and white skin has the least melanin, so the skin color shows great differences. The patients with albinism are e to the lack of an enzyme tyrosinase in the body, the melanocytes in the body can not change the tyrosinase into melanin. The gene controlling tyrosinase is located on chromosome 11. Therefore, in the way of inheritance, albinism is an autosomal recessive inheritance. Albinism is only manifested when the indivial is recessive homozygous (AA). Usually, the parents of patients with albinism are heterozygous with normal phenotype. Their genotype (AA) is the carrier of pathogenic gene, and one fourth of their siblings are at risk. The incidence rate of albinism in population is about 1/2 0000 to 1/10 000. Basic pathological changes: the number of melanocytes in the epidermis is normal, DOPA reaction is positive, but there is no or only a small amount of melanin particles. Clinical features: A. congenital hereditary skin, hair and eye pigment deficiency. B. skin is pink e to pigment deficiency and capillary exposure. C. hair is thin and white or light yellow, d. It is highly sensitive to ultraviolet rays, and prone to solar dermatitis, actinic cheilitis and skin tumors. E. photophobia, clinical differential diagnosis of vitiligo, leukopenia syndrome, also known as leucopathia congenital pigment deficiency (achromia congenitalis)< br />

6.

According to foreign media reports, recently, a "hairy monster" was found on a seashore. Local people say it is a mythical monster that brings bad luck, so many people dare not approach it

there are few species of baleen whales, but they are huge. At present, the smallest known species is more than 6 meters in length, and the largest animal in the world, the blue whale, is also a baleen whale. However, there is a big difference in the body shape of toothed cetaceans. The smallest species is only about 30 cm long, and the largest sperm whale is more than 20 meters long. Whales are not fish, but mammals

I think it's because they are bigger, which leads to misunderstanding. There is no white hair monster

7. This is the early
- "Star Wars"
the White Ape Man is an alien< br /> http://v.youku.com/v_ show/id_ XNTg5NjA4NDg=.html
8.

There is something wrong with my love story of youth

Once again, he is on the way back

12 minutes 47 seconds

9. At present, the RMB has basically been peripheral. In Southeast Asia, RMB has become another "hard currency" next only to us dollar, euro and Japanese yen. In southwest border areas, RMB is known as "small US dollar" and used as a hard currency; In Northwest China, RMB mainly circulates in five Central Asian countries, Russia and Pakistan; In Northeast China, RMB mainly flows to Russia, North Korea and Mongolia; Hong Kong has the largest cross-border circulation of RMB, which can be freely convertible through various channels. In addition, RMB is also widely used in Macao

as for the regionalization and internationalization of RMB, we can graally seek monetary cooperation within the framework of ASEAN 10 + 1 pseudo economic cooperation. We can fix their respective exchange rates and float jointly with foreign countries. When the time is ripe, we can use strong RMB to replace other currencies or take RMB as the dominant currency to create a single currency and realize monetary unification. Secondly, it can expand to ASEAN 10 + 3 on the basis of ASEAN 10 + 1 and unite with Japan and South Korea. At that time, RMB will really grow into an international currency with far-reaching influence, just like the euro to Europe and the US dollar to America

secondly, in terms of monetary function, we should promote the internationalization of RMB in three steps, that is, adhere to the three-step strategy of RMB settlement currency, RMB investment currency and RMB reserve currency. In this process, we should steadily promote the process of RMB capital account convertibility, actively and steadily carry out offshore financial business, and graally implement the target area management of exchange rate

historically, which country's currency becomes a valuation currency in international trade and capital flow will take the initiative in international economic transactions. Take capital export as an example. Among the three capital flow centers in the world, when Britain and the United States were capital exporting countries, they all used their local currency as the valuation currency, while after the 1970s, when Japan was the capital export center, they used US dollar as the valuation currency. result; Japanese enterprises and financial institutions are very passive in dealing with the exchange rate risk in the foreign exchange market. When the yen rose sharply, these enterprises and financial institutions suffered huge losses. This is considered by many people as one of the important reasons for Japan's economic recession for more than a decade

for a large economic country, if the local currency can not comply with the trend of domestic trade growth and become the pricing currency of the open international financial market and trade, then the national currency will not become one of the major international reserve currencies. This means that the domestic currency has not obtained the international currency status which is relative to the total economic volume and the total trade volume. In order to deal with the macro financial risk of exchange rate fluctuations, the government must hold a large number of foreign exchange reserves. In today's international monetary system, US dollar and euro are the main pricing currencies in the international financial market, so US dollar and euro have become the main reserve currencies in the world. Correspondingly, the foreign exchange reserves of the United States and the European Union are very small. By the end of June 2007, the value of foreign exchange reserves of the United States was only US $41.5 billion, and that of the European Central Bank was only 41.4 billion euros. In contrast, in Asia, although Japan and China are among the top countries in the world in terms of economic aggregate, neither the Japanese yen nor the RMB has gained the status of an important pricing currency in the international financial market. As a result, China and Japan have the largest foreign exchange reserves in the world

with the development of China's economy, it should be our long-term goal to take corresponding strategies to graally integrate RMB into the international reserve currency system, break the current reserve currency pattern of the western world dominated by US dollar and euro, and promote the construction of multipolar reserve currency system. In this process, China should adopt a consistent graal strategy to promote the internationalization of RMB through the regionalization of RMB. At the same time, we should develop an open international asset market valued in RMB and provide more choices of RMB financial assets for foreign investors. Only after such a stage can RMB really gain the status of reserve currency, and we can get rid of the trouble of worrying about the amount of foreign exchange reserves.
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