9卷 第8期
Henan University of Science and Technology, Luoyang, Henan, 471000, China
纸质出版：2025-08-30
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Pu Peng. (2025). The Impact of RMB Settlement on China's Cross-Border E-Commerce Imports and Exports. 发展经济学, 9(8), 86-90.
Pu Peng.The Impact of RMB Settlement on China's Cross-Border E-Commerce Imports and Exports[J].Development Economics of China,2025,09(08):86-90.
Pu Peng. (2025). The Impact of RMB Settlement on China's Cross-Border E-Commerce Imports and Exports. 发展经济学, 9(8), 86-90. DOI： 10.47297/wspdecWSP2515-797315.20250908.
Pu Peng.The Impact of RMB Settlement on China's Cross-Border E-Commerce Imports and Exports[J].Development Economics of China,2025,09(08):86-90. DOI： 10.47297/wspdecWSP2515-797315.20250908.
The current international monetary system is dominated by the U.S. dollar
whose hegemony and exchange rate fluctuations pose risks to China's cross-border e-commerce sector. Meanwhile
the application of RMB settlement in this field remains disproportionate to the scale of China's foreign trade and the rapid growth of cross-border e-commerce. Against the backdrop of the "Belt and Road Initiative" (BRI) and the development of free trade zones
this paper investigates the impact of RMB settlement on China's cross-border e-commerce imports and exports. Combining theoretical analysis and empirical evidence
the study constructs a theoretical framework based on an extensive literature review and employs monthly data from January 2020 to December 2024. Using a VAR model and relevant tests
it explores the dynamic relationships among the RMB real effective exchange rate (REER)
cross-border RMB settlement volume (CSB)
and B2C/B2B trade values. The findings provide reference for both the development of cross-border e-commerce and the internationalization of the RMB.
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