Diary of a rail fan in Kansai,Japan(Ver.2)

About world's rail news, general news, my train pictures, and travel diary)

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China approves Shanghai new yuan pilot zone

Citation: http://www.straitstimes.com/breaking-news/money/story/china-approves-shanghai-new-yuan-pilot-zone-20130704

I think it can be called 'Secondary special economic zone'.
But, I can't understand the concrete details of the currency convertibility. What is the meaning of 'quickening the process of making the yuan fully convertible'?
I would like to know the big difference between the previous process and the future process.