Current location - Trademark Inquiry Complete Network - Tian Tian Fund - What does China belong to in the IMF?
What does China belong to in the IMF?
China is a full member of the International Monetary Fund. 1980 in March, the IMF sent a delegation to China to negotiate with us. On April 17, People's Republic of China (PRC), the representative of the IMF Executive Board, passed a resolution to restore People's Republic of China (PRC)'s legal seat in the IMF. In September, the IMF passed a resolution to increase China's share from 550 million SDR to 654.38+02 billion SDR;

165438+ 10 In June, with the IMF's general capital increase, China's share further increased to1800 million SDR. On February 5th, 20001year, China's share increased to 6,369.2 million special drawing rights, accounting for 2.98% of the total share, ranking eighth, and its voting rights also increased to 2.95%. As a result, China gained the status of a separate constituency in the IMF, and thus had the right to elect its own executive director.

After the IMF reform in 2008, China's share increased to 8090 1 100 million SDR, second only to the five major shareholder countries of the United States, Japan, Germany, Britain and France, and its voting rights rose to 3.65%.

Extended information 2065438+On March 4th, 2006, the International Monetary Fund (IMF) announced that starting from 20 16, 10 and 1, the IMF would list RMB separately in its quarterly survey of "Currency Composition of Official Foreign Exchange Reserves" (COFER) to reflect the RMB-denominated reserves of IMF members.

In fact, 65438+1 October1is also the date when the latest SDR (Special Drawing Rights) basket comes into effect. By then, RMB will become one of the five major currencies of SDR, and this change will be reflected in the COFER survey in the fourth quarter of 20 17.

Baidu Encyclopedia-International Monetary Fund