Mauritius' spearheaded economic and trade policies has constantly been pro-trade and investment focused. It combines a favourable business climate, stable democracy, macroeconomic stability, a fully liberalised financial sector, reliable banking system, low taxes and an educated bi-lingual workforce. During the recently held "Mauritius–China Economic Cooperation Forum" on December 7, 2022 in Mauritius, the Minister of Finance, Economic Planning and Development, Dr the Honourable Renganaden Padayachy reiterated his commitment with regards to the forthcoming launch of a Renminbi Clearing Centre that was previously announced during the Mauritian National 2022-2023 budget in June 2022.