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Designation of Deutsche Bank as yuan-clearing bank in EU adds impetus to broader trade_我的网站

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IT之家 8 月 22 日消息,由北京市人民政府、中央广播电视总台等单位联合主办的第二届世界人形机器人运动会今天开幕。    
A concept photo of currencies and financial market Illustration: VCG
    A concept photo of currencies and financial market Illustration: VCG
The designation of Deutsche Bank, a key and influential bank in Europe, to serve as the yuan-clearing bank will greatly facilitate and expand the use of the yuan in the EU market, providing more impetus to broader China-EU economic and trade ties, a Chinese analyst said on Tuesday.
The People's Bank of China (PBC), the central bank, announced on Monday that it had decided to authorize Deutsche Bank to serve as the yuan-clearing bank in Frankfurt, Germany, based on a memorandum of understanding with the Deutsche Bundesbank.
The move came as China-EU trade and economic ties continue to deepen and bilateral trade continues to expand, despite recent restrictions imposed by the European Commission.
In a statement sent to the Global Times on Monday, Deutsche Bank said that following the appointment by the PBC, it will facilitate direct end-to-end processing, clearing and settlement services for cross-border yuan transactions for European financial institutions and businesses, acting as a local bridge to China's payment systems. 
Deutsche Bank, a global systemically important bank as well as the world's largest euro-clearing bank, said that it is the first foreign bank in Europe to receive this designation.
"Securing yuan-clearing capability in Europe reinforces our role as a trusted global clearing partner and our long-standing support for yuan internationalization. It strengthens China-Europe financial connectivity and enhances our ability to support clients' cross-border trade and investment flows with greater choice and flexibility," Alexander von zur Muehlen, CEO of Asia Pacific, Europe, Middle East & Africa and Germany at Deutsche Bank, said in the statement.
Xi Junyang, a professor at the Shanghai University of Finance and Economics, told the Global Times on Tuesday that while a number of Chinese banks are already performing yuan-clearing functions in the EU, the addition of Deutsche Bank, with its deep roots in the local market, carries great significance.
"Banks have different client bases, and Deutsche Bank has many European companies as its customers. With the appointment, these market participants enjoy a far greater degree of facilitation and ease in tapping yuan use cases," said the professor.
Companies and financial institutions can also avoid risks of foreign exchange losses as they can now directly choose yuan-euro settlement and bypass the use of a third currency, the expert said, noting that China-EU trade and investment ties will be one step closer with a local clearing bank coming onboard.
Tian Lihui, dean of the Institute of Financial Development at Nankai University, told the Global Times on Tuesday that the latest development, some 12 years after the first-yuan clearing bank form a Chinese bank was set up in Frankfurt, marked a milestone as the yuan-clearing system in Europe has evolved from a model where "Chinese entities handle clearing for Europeans" to one where "Europeans handle yuan-clearing themselves."
The decision by one of Europe's largest domestic banks to integrate into the yuan-clearing system signals that China-Europe financial cooperation is moving beyond the shallow level of facilitating trade settlements into the more substantial level of jointly building financial infrastructure, Tian said.
For both China and Europe, this move represents a mutually beneficial institutional alignment, Tian said. "China gains greater depth in the offshore yuan market, while Europe secures an additional strategic option amid the contest of major currencies."
Brussels has recently been intensifying its use of restrictive trade and regulatory tools across sectors ranging from clean technologies to digital infrastructure and foreign subsidies, with many of these measures seen as directly affecting Chinese firms and adding strain to China-EU economic relations.
However, despite these moves, deepening industrial and supply chain integration and the strong complementarity of the two economies have continued to push bilateral trade to new highs. In the first seven months of 2026, China's total trade with the EU stood at 3.67 trillion yuan ($543.90 billion), up 9.5 percent year-on-year, data from China's General Administration of Customs showed on Friday.
As China-EU economic and trade ties continue to expand and deepen, demand for the yuan to be used in the EU market will rise proportionately, and more EU banks will likely be authorized to serve as yuan-clearing banks, Xi Junyang said.
Financial cooperation between the world's largest trading bloc and the largest trading nation has accelerated in recent months. In May, the PBC renewed and expanded a bilateral currency swap agreement with the National Bank of Serbia, increasing the value of the swap from 1.5 billion yuan to 5 billion yuan.
Almost 80 percent of the surveyed Chinese companies operating in the EU plan to expand their investment, even amid tightening policies in the EU and an increasingly complex business environment, according to a report published by the Chinese Chamber of Commerce to the EU and the China Economic Information Service in March. Fostering cooperation in emerging industries and cross-border finance have been highlighted by industry insiders as new growth drivers of China-EU trade and economic cooperation.
The yuan accounted for 3.1 percent of global payments in June, rising from 2.75 percent in the previous month, and ranking as the fifth most active currency for global payments by value, according to a report from the Society for Worldwide Interbank Financial Telecommunication. In terms of trade finance, the yuan ranked second with a market share of 8 percent.
。本次比赛将持续到 26 日,共设置 51 个项目、1300 多场比赛。

B | 今年竞技赛新增跳远、举重、拔河、乒乓球等高强度对抗项目。本届运动会正赛将于 8 月 22 日至 26 日在国家速滑馆“冰丝带”举行,将举行 51 个项目共 1301 场比赛,吸引 666 支队伍携 2056 台机器人参赛,竞赛项目、参赛队伍全面提质扩容。从报名情况来看,各路高手将云集赛场。本届赛事吸引了来自六大洲、16 个国家的 666 支队伍,共有 2056 台机器人同台竞技,队伍数量较首届增长 138%,机器人数量翻了两番

C | 国际方面,美国、德国、日本等机器人传统强国赛队积极参与,巴西还集结了五支机器人足球世界杯队伍,组建起一支国家联队参赛。国内方面,157 家企业、200 所院校和科研机构的 641 支队伍、1975 台机器人齐聚赛场。国内第一梯队企业悉数到场,27 所 985 高校踊跃参赛,产学研用各方力量汇聚一堂。IT之家从官方介绍获悉,今年赛项从首届的 26 项增加至 51 项,其中竞技赛 30 项、场景赛 21 项;比赛场次从 487 场增至 1301 场。在竞技赛中,今年新增的跳远、举重、拔河、乒乓球等高强度对抗项目,都是对机器人大脑、小脑、本体结构以及核心零部件的极限考验。赛场上每多跳远 1 厘米、每多举起 1 公斤,都是工程师们对关节电机、减速器不断优化设计、精密加工、测试验证的结果。此外,田径场比拼将更加激烈,机器人足球比赛将实现带球跑动、大力抽射等技能提升,更有百支队伍上演“舞林争霸”。本届场景赛则将赛项延伸到真实环境,覆盖工业、酒店、家庭、物流等领域,并专门设置了灵巧手赛项。其中,灵巧手设有夹豆子、拧螺丝等 8 个“微操”赛项,上演指尖对决。相比去年场景赛机器人仅“一个人战斗”,本届升级为机器人两两同台比拼,进一步增加赛事的精彩程度和观赏性。

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