中文摘要：

沪港通是我国资本市场对外开放的重大创新实践，将促进两岸跨境资金流动，推动香港人民币离岸市场发展，进而助推人民币国际化。沪港通通过进一步开放资本项目，发展人民币离岸业务提高了人民币的交易清偿职能。通过倒逼利率汇率的市场化改革稳定人民币的储备货币职能。沪港通在渐进推进人民币国际化的过程中应注意防范汇率波动、资本单向流动与宏观经济波动等各种风险。本文分析了沪港通推进人民币国际化的路径与构建风险应对机制，进而维护金融稳定，稳步金融创新。

英文摘要：

Shanghai-Hong Kong Stock Connect is a significant innovation practice of China＇s capital market opening up. It will promote cross-border capital flow and develop the offshore RMB market. Then, it promotes the process of RMB internatio-nalization effectively. S-H Stock Connect improves the RMB settlement trade function by opening capital projects further. It consolidates RMB reserve currency functions by reversed transmission of interest rate and exchange rate liberalization reform. S-H Stock Connect should guard against the risks. Such as currency fluctuation, one-way capital flow and fluctuate. We should analysis the path to RMB internationalization and build risk prevention mechanism. Thereby maintaining financial stability and innovating finance market steadily.