What is the impact of RMB's entry into SDR for the import and export trade agency industry?

On October 1, 2016, a big news in the international monetary and financial industry: RMB was officially included in the SDR currency basket (SDR).
First, what is the definition of SDR?
Special Drawing Rights (SDRs), also known as "paper gold", were first issued in 1969 and are allocated by the International Monetary Fund (IMF) based on the shares subscribed by member countries and can be used to repay IMF debt to cover members balance of payments deficits between governments. RMB
Second, an introduction to the source and historical development of SDR!
The value of the SDR is determined by a basket of currencies. The SDR''s basket of currencies initially had 16 currencies. In 1980, the IMF established a basket of SDR currencies of five dollars, pound sterling, yen, mark and franc. In 2001, the euro replaced the mark and the franc, while other currencies remained unchanged. The International Monetary Fund meets every five years to determine the relative weights of currencies in the SDR pricing basket. The International Monetary Fund announced that on November 30, 2015, the RMB will officially join the SDR currency basket as the fifth currency in October 2016.
Third, the significance of sdr to China, especially the foreign trade import and export trade agency industry?
1. For the goods product industry of import and export trade, foreign trade import and export, cross-border trade, etc., use RMB as the valuation unit to reduce exchange rate risks and exchange rate costs, and enhance competitiveness.
2. Along the way, form three lines of investment vehicles, promote the internationalization of China''s finance, and enhance China''s international status and influence on the world stage.

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