#This is our confidence

By 2025, the People's Bank of China has successively signed bilateral currency swap agreements with the central banks or monetary authorities of 40 countries and regions, with a total agreement amount exceeding 4 trillion yuan. There are 29 countries or regions that directly conduct bilateral settlement in local currency with China. In addition, China has authorized 34 RMB clearing banks in 32 countries and regions, covering major international financial centers around the world.

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