In the first quarter of Guangdong Province, the proportion of cross-border RMB settlement exceeded 55%.

In the first quarter of this year, the cross-border RMB settlement volume in Guangdong Province increased by 12% year-on-year, and the proportion of RMB in the total receipt and payment of both domestic and foreign currencies exceeded 55%. Among them, in the settlement of funds for outbound investment by Guangdong enterprises and investment by foreign investors in Guangdong, the proportion of RMB usage both exceeded 70%.