作　　者： ; ;

机构地区： 深圳大学中国经济特区研究中心

出　　处： 《深圳大学学报（人文社会科学版）》 2013年第2期100-104,共5页

摘　　要： 流动性是人民币离岸市场的关键所在,发育良好的离岸市场对于人民币国际化起着一定的促进作用。基于流动性供给理论和离岸市场本身的特征分析,香港人民币离岸市场流动性影响因素主要包括人民币跨境结算、离岸人民币借款意愿、汇率稳定程度和货币管理当局调控力度等四个方面。由此分析中可以得出,未来人民币离岸市场的创建主要取决于境外企业对人民币作为贸易货币的接受程度、资本账户进一步有管理的开放水平和离岸金融中心自身建设。 Liquidity is key to the vitality of offshore RMB markets. A healthy and effective offshore market plays an important role in RMB＇s internationalization. Seen from the perspective of liquidity supply theory and the characteristics of offshore markets, the impact factors of RMB＇s liquidity in the Hong Kong offshore market mainly include： cross-border settlement, borrowings willingness, exchange rate stability, and monetary authorities control efforts. Our analysis shows that the future of the RMB in off-shore markets mainly lies in foreign enterprises＇ acceptance of the RMB as a trade currency, the level of the managed liberalization of the capital accounts, and the self-development of the offshore financial centers.

关 键 词： 流动性 人民币离岸市场 跨境结算 信用创造

领　　域： [经济管理]