Yuan trade is rising at good pace as China has expanded the Yuan trade outside mainland China. Li Xiaojing the group head of financial markets at Bank of China stated that, the rate of cross border Yuan trade deals might double or triple this year compared to previous year. It is expected that the Yuan trade might even get quadruple.
A following report from the people's bank of China suggests that the banks in China handled almost CNY506.3 Billion raised by China's last year Yuan trade deals.

On July 2009, China launched a trial program as an initiative to develop Yuan trade at the International scene. This program allowed the participating companies to use Yuan for their trading settlements while dealing with companies from Hong Kong, Macau and various other foreign countries.