The importance of accelerating the internationalization of the RMB is self-evident. Giving full play to the financial support role of the renminbi in promoting multilateralism and improving the renminbi settlement is the guarantee of financial security in China and the world, and it is also a necessary means to strengthen China's status as a major trading country. The new geo-economic transformation of the RMB into a global reserve currency will positively affect global production and life, and will be conducive to international peace and stability. This paper shows the internationalization process of RMB from the following aspects:
1. The investment-resource relationship in The Belt and Road Initiative is an important support for the internationalization of the RMB.
2. The status of RMB as a global foreign exchange currency has been continuously strengthened.
3. The status of RMB as a global reserve currency has been affirmed and consolidated.
4. The internationalization of China International Payment System (CIPS) is progressing well.
5. The use of RMB on the African continent continues to expand.
6. Private digital economy and Internet financial platforms promote the internationalization of the RMB and help release the financial energy of RMB.
