China to promote Yuan internationalization: Reuters

China will continue to push forward the internationalization of Yuan and expects cross-border Yuan payments to account for over a third of all cross-border payments by 2020, sources told Reuters. 

Key quotes (Source: Reuters)

• Will "Actively and steadily" deleverage, tackle financial risk sources citing 2016-2020 plan for the financial sector
• Will significantly boost the share of direct financing, especially equity financing-sources
• Will boost the role of price-based monetary policy targets with interest rates as core-sources