The settlement in Renminbi in cross-border trade is an effective channel for Shantou to develop its world market. In accordance with the deployment of the Provincial Government, Shantou will make efforts to facilitate the pilot RMB settlement in cross-border trade and further promote the reform and development in foreign trade and finance. On February 26, after attending the Guangdong Province Teleconference on Furthering Pilot RMB Settlement in Cross-Border Trade, Shantou government held a meeting to discuss the issue and make relevant arrangements.

RMB settlement in cross-border trade has proved to be effective since its launch in Guangdong Province last July. The Provincial Government＇s decision to promote RMB settlement in more pilot regions will be good news to Shantou＇s foreign trade industry. It will promote the economic and trade exchange between Shantou and neighboring countries and regions, and facilitate Shantou＇s integration and cooperation with Guangdong, Hong Kong, Macau and the Economic Zone on the West Bank of Taiwan Strait. It will also be beneficial to the steady growth in foreign trade in terms of avoiding exchange rate risks and improving trading environment.

Source: Shantou Daily March 1, 2010

　　开展跨境贸易人民币结算，是我市经济拓展国际市场的有益渠道，我市将按照省政府的部署，切实推进我市跨境贸易人民币结算试点工作，推动我市外贸和金融工作的深入改革和发展。2月26日我市组织收看收听广东省推进跨境贸易人民币结算试点工作电视电话会议，随后召开会议研究部署进一步推进相关工作。
　　据了解，我省自去年7月起开展跨境贸易人民币结算试点以来，试点地区的跨境贸易人民币结算工作取得较好成效。此次我省决定在全省扩大跨境贸易人民币结算试点地区，对我市外贸工作，将是一大喜讯，对推动我市与周边国家和地区经贸往来，推动我市主动融入粤港澳交流合作、主动融入海西经济区，以及规避汇率风险，改善贸易条件，保持外贸稳定增长具有重大意义。

来源：汕头日报2010-3-1