China's voting share in the International Monetary Fund rose from the sixth place in 20 16 to the first place.
China's voting share in the International Monetary Fund rose from the sixth place in 20 16 to the third place. China is the third largest shareholder of the International Monetary Fund. The top two are the United States and Japan. According to the quota and governance reform plan issued by 20 10, the IMF quota will be doubled and 6% will be transferred to emerging economies and developing countries. After the reform, China will become the third largest shareholder of the IMF after the United States and Japan, and its voting rights will increase from 3.8% to 6%. The voting right of the United States has been reduced from 16.7% to 16.5%, and there is still one veto. The condition for implementing the reform plan is the approval of 3/5 members with 85% voting rights (currently *** 188 members). At present, Britain, France, Japan and other 144 countries have approved the plan, but the United States, the largest shareholder of the IMF, has repeatedly delayed, resulting in the failure to advance the reform originally planned to be fully implemented in 20 12.