The so-called RMB assets are assets that are priced, traded and settled in RMB. The so-called assets generally include two parts, namely financial assets and non-financial assets. Financial assets mainly refer to cash deposits, stocks (or contributions to enterprises), investment trusts, bonds and insurance and pension reserves; Non-financial assets mainly refer to real estate such as houses and land. If these assets are priced, traded and settled in RMB, or traded in China market, they have the properties of RMB assets and can be called RMB assets.

For domestic personal investment, investing in RMB assets is mainly manifested in stocks, bonds and cash savings, or investing in real estate. Of course, with the continuous enrichment of financial products, individuals can also directly invest in trusts. For example, buying a fund is an investment trust. For domestic individual investors, buying a house is the most practical way to invest in RMB assets.

For overseas investors, there are still many restrictions in cross-border transactions of RMB assets. Therefore, overseas individual investors have to rely on institutional investors to complete RMB asset investment. Whether RMB assets can be as hot as Rogers predicted depends on the construction level of China's financial market in the next 10 year.

Judging from the current market situation in developed countries, financial markets can be roughly divided into three forms: short-term financial markets, long-term financial markets and foreign exchange markets. Short-term financial market is divided into "inter-bank market", where banks conduct special transactions. This market mainly provides services for banks and is generally not open to individuals. In addition, the short-term market also includes "open market", that is, bond futures market, commercial paper market, government short-term bond market or government short-term discounted securities market.

In fact, these markets generally only serve financial institutions. But the perfection of this short-term market marks the developed degree of a country's financial market. If there is no perfect short-term financial market, RMB assets will also lack basic support, making it difficult to establish a "capital power status" based on RMB assets.

Long-term financial markets mainly include bonds, stocks and financial derivatives markets. In developed countries, there are not only developed stock markets but also corresponding bond markets. The maturity of the bond market is related to the soundness of a country's financial market. In the next 10 year, whether China can establish a bond market that can trade rich bond commodities is the key to test Rogers' judgment.