Liu Dongmin is a senior research fellow and the director of Division of International Finance,Institute of World Economics and Politics,Chinese Academy of Social Sciences.He graduated from Tsinghua University,getting a Bachelor's Degree of Engineering and Master's Degree of Management Science and Engineering.After that,he got a Ph.D of Finance in the Chinese Academy of Social Sciences.Now he is an adviser of the Ministry of Finance for the AIIB affairs.His research area focuses on reform of international monetary system,internationalization of RMB,development of the AIIB and BRICs Bank,bond market,etc.He has deeply participated in the Financial Industry Planning for Qianhai Free Trade Zone in Guangdong Province,and three of his proposals were approved by the central government in 2012.Up to now his proposal of cross-border RMB loan has already successfully applied to China's FTZs (Shanghai City,Tianjin City,Guangdong Province and Fujian Province) and over RMB 100 billion of cross-border RMB loans have been issued.