Research on the Coordinated Development of RMB Internationalization and the Construction of "Belt and Road"

The internationalization of the RMB is closely related to the Belt and Road Initiative, with both being complementary and mutually reinforcing. The former can provide fundamental guarantees for the latter, while the latter can offer new opportunities for the former. During the Belt and Road construction process, efforts to promote RMB internationalization in policy and trade areas can be advanced, while the promotion of RMB internationalization in participating countries can provide strong support for the Belt and Road Initiative. Promoting the coordinated development of RMB internationalization and the Belt and Road Initiative is a crucial breakthrough for China to participate in and guide the new international landscape in the new era. Based on this, this paper analyzes the synergistic effects between RMB internationalization and the Belt and Road Initiative, and explores the path for their coordinated development.