Abstract:The offshore RMB market is not only an important part of China’s great power, but also a long-term demand for China’s financial opening up and an objective need to promote the internationalization of RMB. However, with the acceleration of RMB internationalization, the development of the RMB offshore market faces obstacles such as the slowdown in domestic economic growth, the decline in the yield of RMB assets, the lack of liquidity in the offshore market, and the high external geopolitical risks. In view of the above problems, on the basis of a comprehensive review of the current situation of RMB internationalization, financial institutions was encouraged to innovate financial products, the share of RMB in trade settlement and the scale of reshoring with RMB treasury bonds as the carrier were expanded, and multilateral cooperation and dialogue mechanisms was strengthened, so as to provide suggestions and suggestions for the healthy development of the RMB offshore market.