CAJ | 학술논문

近年来中国采用了较进取的政策来推广人民币在国际中使用。历史经验说明，成为一种全球性货币的基本条件是有一个活跃的离岸市场。事实上，一般迹象已确认了离岸市场将人民币推向世界舞台所扮演的角色。然而，不应过分夸大离岸市场的贡献。离岸市场提供了实验货币全球化使用的初始平台，同时，人民币在海外的接受程度最终不仅取决于国内外的经济实力，也有赖于地缘政治因素。由于离岸人民币市场规模比较小，它不足以直接影响中国金融自由化政策的变革进度。一个组织有序的离岸人民币市场将是人民币国际化政策不可或缺的一环，但它不可能将人民币的全球地位抬高至超越合乎其经济和政治特质的水平。在可预见的未来，中国更可能坚守一贯的渐进主义来改革国内金融市场。中国在推进离岸与在岸金融中心的同时可致力于国际金融业务的多元化。
근년래중국채용료교진취적정책래추엄인민폐재국제중사용。역사경험설명，성위일충전구성화폐적기본조건시유일개활약적리안시장。사실상，일반적상이학인료리안시장장인민폐추향세계무태소분연적각색。연이，불응과분과대리안시장적공헌。리안시장제공료실험화폐전구화사용적초시평태，동시，인민폐재해외적접수정도최종불부취결우국내외적경제실력，야유뢰우지연정치인소。유우리안인민폐시장규모비교소，타불족이직접영향중국금융자유화정책적변혁진도。일개조직유서적리안인민폐시장장시인민폐국제화정책불가혹결적일배，단타불가능장인민폐적전구지위태고지초월합호기경제화정치특질적수평。재가예견적미래，중국경가능견수일관적점진주의래개혁국내금융시장。중국재추진리안여재안금융중심적동시가치력우국제금융업무적다원화。
The People’s Republic of China (PRC) has been quite aggressive recently in promoting the international use of its currency ,the renminbi .Historical experience suggests that an active offshore market is essential for a global currency .Indeed ,anecdotal evidence affirms the role of offshore markets in pushing the renminbi currency to the world .One should not ,however ,overplay the contribution of offshore markets .While offshore markets offer the opportunities to experiment with the global use of the currency ,the overseas acceptance of the renminbi is ultimately determined by both internal and external economic forces ,and geopolitical factors .With its relatively small size , the offshore renminbi is not likely to pressure the PRC and alter its financial liberalization policy .A well-organized offshore renminbi market will complement the PRC ’s renminbi internationalization policy ,but it is not possible to raise the currency’s global status beyond the level justified by its economic and political attributes .It is expected that the PRC is likely to follow its typical gradual approach in reforming the domestic finance sector . The PRC , in promoting onshore financial centers ,could diversify its financial business within the country .