香港金融管理局总裁陈德霖昨称，香港的人民币存款已不再是静态资金池，而是通过自由市场机制，支撑着大量不同种类的人民币金融中介活动。香港已成为全球离岸人民币业务枢纽。

Hong Kong monetary authority chief executive ChenDeLin said yesterday,Hong Kong's RMB deposit is no longer static pool,But through the free market mechanism,Supported by lots of different kinds of RMB financial intermediary activities.Hong Kong has become a global offshore RMB business hub.

　　⊙记者 时娜 ○编辑 李剑锋

When the reporter's ⊙ ○ LiJianFeng editor

　　香港金融管理局总裁陈德霖昨日在金管局官网撰文指出，2012年，即使香港的人民币存款规模没有像过去般快速增长，但香港的人民币存款已不再是静态资金池，而是通过自由市场机制，支撑着大量不同种类的人民币金融中介活动。香港已成为全球离岸人民币业务枢纽。

Hong Kong monetary authority chief executive ChenDeLin yesterday in the hkma's official website pointed out articles,In 2012,,Even if Hong Kong RMB deposit scale did not like the past, rapid growth,But Hong Kong's RMB deposit is no longer static pool,But through the free market mechanism,Supported by lots of different kinds of RMB financial intermediary activities.Hong Kong has become a global offshore RMB business hub.

　　陈德霖在文中用一组数据展现了2012年香港离岸人民币市场发展取得的成绩：2012年底，客户存款和银行发行的存款证的总余额达7202亿元人民币，比年初的6616亿元人民币增加9%；全年经香港的银行处理的人民币贸易结算交易达到2.63万亿元人民币，较2011年增加37%；人民币点心债券市场也持续活跃，2012年发行量达到1122亿元人民币，而未偿还点心债券的余额为2372亿元人民币，较2011年底上升62%；银行的人民币贷款的增长更为明显，由2012年初的308亿元人民币增加157%至年底的790亿元人民币。

In this paper ChenDeLin with a set of data show the 2012 Hong Kong offshore RMB market development achieved:By the end of 2012,Customer deposits and bank issued certificates of deposit of the total balance of RMB 720.2 billion,At the beginning of the year to more than 661.6 billion yuan RMB increased by 9%;The annual Hong Kong Banks deal with the yuan trade settlement transactions amounted to 2.63 trillion yuan RMB,A 37% increase over 2011;The dessert bond market also continues to active,The circulation of 2012 to 112.2 billion yuan RMB,And the outstanding balance of snack bonds is RMB 237.2 billion yuan,By the end of 2011 is up 62%;Bank RMB loan growth is more apparent,At the beginning of the year 2012 by 30.8 billion yuan RMB increased by 157% to the end of 79 billion yuan RMB.

　　与此同时，目前香港离岸人民币外汇交易市场每天的交易量（包括即期和远期交易）已达到50亿美元等值的交易，主要的银行也已经开始为客户提供人民币兑欧元、英镑和亚洲主要货币的直接外汇报价。人民币金融产品也更多元化，投资A股的人民币ETF（交易所买卖基金）、人民币期货以及人民币股票已经在市场推出。其中，已上市的4只A股人民币ETF的总市值已超过400亿元人民币。

meanwhile,At present the Hong Kong offshore RMB foreign exchange market daily volume(Including spot and forward transactions)Has reached us $5 billion worth of trade,Major Banks have begun to provide renminbi against the euro/The pound and the main Asian currencies direct exchange quotation.RMB financial products is also more diversified,Invest A yuan ETF(Exchange trade fund)/Yuan yuan futures and stock has been in the market.the,Listed only 4 yuan A share market capitalisation ETF has more than 40 billion yuan RMB.

　　陈德霖认为，目前，香港已成为全球离岸人民币业务的枢纽。香港离岸人民币清算平台的参加行达到204家，当中181家是海外银行的分支机构或者是内地银行的海外分支。随着人民币跨境使用和离岸市场各类金融活动日益增加，香港人民币清算平台所处理的交易，由2010年每天平均50亿元人民币的交易金额大幅上升，当中一成是进出内地的跨境交易，九成是离岸市场的交易。这也显示由香港平台支持的离岸人民币金融活动与日俱增。

ChenDeLin think,At present,Hong Kong has become a global offshore RMB business hub.Hong Kong offshore RMB settlement platform to do reach 204,In 181 are overseas bank branches or the mainland bank overseas branch.Along with the RMB cross-border use and offshore market all kinds of financial activities increased,Hong Kong RMB settlement platform processing trade,By 2010, an average of 5 billion yuan every day trading amount to rise sharply,Ten percent of whom are in and out of the mainland's cross-border trade,Ninety percent is offshore market trading.It also shows that by the Hong Kong platform support offshore RMB financial activities grows day by day.

　　陈德霖认为，香港离岸人民币市场与金融基础设施的建设已取得了很大的进展。今后的发展，很大程度需要依靠企业和金融机构把握大幅扩大后的政策空间所提供的商机，尤其需要把握人民币在国际交易中增加使用的趋势，通过与其他地方建立更紧密的人民币业务联系，进一步提升香港作为全球离岸人民币业务枢纽的功能和地位。

ChenDeLin think,Hong Kong offshore RMB market and financial infrastructure construction has made great progress.The future development,Greatly need to rely on enterprise and financial institutions to grasp the greatly expanded policy space to provide business opportunities,Especially need to hold the renminbi in international transactions increase trend of use,By comparison with other place to build closer RMB business contact,Further promote Hong Kong as a global offshore RMB business hub of the function and status.

　　在政策层面，陈德霖希望连接在岸与离岸市场的资金往来桥梁能够变得越来越宽。这包括进一步理顺相关政策安排，让现在用美元能做的跨境交易也可以用人民币进行，然后再按照资本项目开放的步伐，对人民币资金的跨境双向流动作出更多的放松和便利。他认为，这不仅有助促进香港离岸人民币业务中心的发展，同时也会对内地金融体系的进一步改革开放发挥重大作用。

In the policy level,ChenDeLin hope the connection with the offshore market funds bridge can become more and more wide.This includes further straighten out relevant policy arrangement,Let now in dollars can do cross-border trade can also use of the renminbi,And then according to the pace of capital account opening,RMB funds to cross-border two-way flow to make more relaxed and convenience.He thinks,This not only help promote Hong Kong offshore RMB business center development,At the same time also to the mainland financial system plays a major role further reform and opening up.

　2012年香港离岸人民币市场发展情况 2012 Hong Kong offshore RMB market development

　　金额 增幅

Amount increase

　　客户存款和银行发行的存款证的总余额 7202亿元 9%

Customer deposits and bank issued certificates of deposit of the total balance is 720.2 billion yuan by 9%

　　经香港银行处理的人民币贸易结算交易额 2.63万亿元 37%

The Hong Kong Banks deal with the yuan trade settlement turnover RMB 2.63 trillion 37%

　　人民币点心债未偿还余额 2372亿元 62%

The dessert debt outstanding balance is 237.2 billion yuan by 62%

　　人民币贷款 790亿元 157%

RMB loans 79 billion yuan by 157%