摘要近年来，随着中国经济的不断发展，越来越多的非居民持有人民币。人民币逐渐国际化对于仍实行资本项目管制的中国，建立一个人民币离岸金融市场，并通过该市场的商业银行将人民币发展成为具备国际结算、计价、国际投资及国际借贷职能的国际化货币非常重要。因此如何建立人民币离岸市场，以及中国该选择哪一条发展路径则是重中之重。

本文首先对离岸金融市场发展路径进行了总结：其中离岸金融市场的形成有两种类型，一是自然形成型，二是政府推动型。其次，通过借鉴他国的历史经验，再结合中国的实际国情，本文提出人民币离岸市场的发展路径为政府推动型。最后，本文对政府推动型人民币离岸市场的实现路径进行具体的分析，主要有两种方式：一类是美国的IBF模型，即不划定区域方式；另一类是划定区域方式。本文认为，从现实的角度考虑，中国应该选择划定区域的方式。65964

毕业论文关键词  人民币  离岸市场  货币国际化   路径选择

毕 业 论 文 外 文 摘 要

Title      THE RESEARCH OF OFFSHORE RMB           

       MARKET DEVELOPMENT PATH             

Abstract

In recent years, as China's economy continues to develop, more and more non-resident holding Renminbi. Seting up a offshore financial markets and through the commercial banking market making Renminbi to become an international settlement, pricing , international investment and international lending functions of an international currency is very important for China,that China is still in place of capital controls and Renminbi is in gradual internationnalization . Therefore, how to establish an offshore RMB market, and which one Development Path that China should choose is a top priority.

Firstly, this article summarizes the offshore development path: There are two types of formation of offshore financial markets. One type is natural formation and another is government-driven.Secondly, by drawing on the historical experience of other countries and combinening it with China's actual conditions, this paper presents the development of offshore RMB market-driven path for the government. Finally, based on the Government to promote the realization of the path RMB offshore market specific analysis, mainly in two ways: one is American IBF model, which does not designate a regional approach, and the other way is to delineate areas. This paper argues that, from a practical point of view, China should choose the way defined areas.

 Key word : RMB,offshore market,International currency,path choice

目   次

1 引言 1

1.1 问题的提出 1

1.2国内外研究成果 1

1.2.1国外研究成果 1

1.2.2国内研究成果 2

1.3 研究思路及内容 2

2 离岸金融市场的基础理论 4

2.1离岸金融市场的概念 4

2.2国际离岸金融市场的分类 4

2.3 离岸金融市场的发展路径 5

2.3.1 自然形成型离岸金融市场 5

2.3.2 政策推动型离岸金融市场 5

3人民币离岸市场建立的必要性和发展路径的选择 7

3.1 人民币离岸市场建立的必要性