With the internationalization of Renminbi, from October 1 onwards the currency will officially join International Monetary Fund's (IMF) Special Drawing Rights (SDR) basket. Anbound believes that although there is no significant practical benefit in the short term, the entry means Renminbi has entered a new stage of internationalization, and can help the currency to improve its role as a trading, investment and reserve currency; the international market will also make demands to Renminbi and the Chinese government with new standard. Chinese market and government departments should be well-prepared for this.