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RMB SDR Inclusion: China vows further financial reforms

China has vowed to continue pushing forward with financial reforms and opening its market after the Renminbi was included in the IMF’s SDR. China has stepped up the opening up of its financial market, with the securities market and inter-bank market seeing many new investors, which include 43 foreign central banks in the inter-bank bond market, and 27 foreign central banks in the inter-bank foreign exchange market.

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