After years of delay, the IMF's 2010 quota and governance reform plan was finally passed by the US Congress at the end of 20 15, which ushered in the dawn of entry into force. According to the plan, the IMF's share will be doubled, and about 6% of the share will be transferred to dynamic emerging markets and underrepresented developing countries. As a result, China has become the third largest member of the IMF, and India, Russia and Brazil have all entered the top ten.

20 16 161On October 27th, the International Monetary Fund (IMF) announced that its IMF 20 10 share and governance reform plan came into effect, which meant that China officially became the third largest shareholder of the IMF. China's share will rise from 3.996% to 6.394%, ranking third after the United States and Japan.

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