Notice of RetractionThree-dimensional perspective to judge the degree of RMB internationalization: Analysis based on RMB cross-border circulation

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

In recent years, China´s comprehensive national strength and influence are constantly growing, multilateral economic and trade cooperation are deep-going, personnel exchanges are increasing, along with government pragmatic attitude and relatively loose system, which drive the scale and scope of RMB cross-border circulation are constantly expanding. From the perspective of RMB cross-border circulation, according to the division internationalization process of State Administration of Foreign Exchange, this paper analyzes RMB cross-border circulation situation respectively from time, space, monetary functions to judge RMB internationalization degree, which must handle four relationships at present, stage and speed, government and market, cooperation and competition, opportunity and future. It has practical significance to advance RMB internationalization progress steadily.