中文摘要：

人民币国际化使我国获得国际铸币税收入,外汇储备的增加又使我国产生国际铸币税支出,由于近年来外汇储备增加的规模大于境外人民币增加的规模,我国一直处于国际铸币税收支逆差,国际铸币税逆差会对我国宏观经济产生重要影响.本文分析了在不同的汇率和利率制度下国际铸币税逆差对我国宏观经济的影响,并提出相关政策建议.

英文摘要：

Our country gets international seigniorage revenue from RMB internationalization, and spends international seigniorage on the increase of foreign reserves. In recent years, due to the increase of reserves is more than that of the offshore RMB, China has been in international seigniorage deficit. This paper analyzes impact and recovery mechanism of the deficit of international seigniorage on China＇s macro economy in different system of exchange rate and interest rate, and puts forward relevant policy suggestions.