第1个回答 2011-03-11
RMB appreciation cannot be rushed. China's economy in financial crisis under steady growth, people
Nature of RMB appreciation have great expectations. However, from Japan in the 1990s experience can see
The appreciation of the expected appreciation itself than the negative influence of return big, appreciation is expected to result in hot money inflow,
Generate economic bubble. Our country should not only use macro means to manage the economy in the world, also want
With other countries maneuver to reduce RMB appreciation pressure too. On the other hand, these years
Facts and above quoted some scholars' analysis also indicates that the yuan appreciation is not the solution to our kingdom
Existing double surpluses rhizosphere balance phenomenon. For a country, the more important is to keep the internal are
Balance, the economic sustainable and stable development priority, and not as a single goal as the prerequisite.
Expanding domestic demand and reduce dependence on foreign trade. In 2002, China trade dependency achieved
In 2005, a 50% higher ratio 63%. Notes to domestic demand is insufficient, once domestic-demand, you must also decrease
Can lead to industry shrinking, affect the economic development of China.
Adjust the industrial structure, to realize industry upgrading. A country's industrial structure determines one country
Trade structure. Our export are mainly labor-intensive products, import is the main high-tech
Products and advanced technology and equipment. Self-reliant product development level, adjust the industrial structure, it is
Against the yuan appreciation. The best way to impact
Reasonable use of foreign exchange reserves. Chinese foreign exchange reserve 2009 September reached 22725.95 billion dollars,
And July 2005 to 7327. 33 billion dollars. Plenty of foreign exchange reserves should not be
RMB appreciation of pressure, and should be a powerful tool to stimulate the economy. The use of a lot of
Foreign exchange reserves imported energy, food and equipment technology can not only make the pressure on the appreciation of the renminbi
To ease, still can raise the productivity of enterprises in China.
Of Chinese automobile import and export enterprise.
Using financial tools away from exchange rate risk. Since China's exchange rate since the reform, RMB
The fluctuation of exchange rate increases, for our import and export enterprise offers greater exchange risk. by
To learn to use related financial tools and new trade settlement tools to their own import-export industry
Vas hedged, hedge enterprises is urgent.
Increase added value of products, the promotion product competitiveness. China's export enterprise exports
Products are most low added value. As the renminbi appreciation, our export products of low-cost advantages are
In a little bit of disappear. Technology innovation leading value-added products increased our country enterprise long-term should be
The insistent development road.
第2个回答 2011-03-11
1.1 yuan appreciation can not be hurried. China's economy grew steadily in the financial crisis, people naturally have great appreciation of the renminbi expected. However, 90 from Japan's experience shows that the expected appreciation of the negative impact than the appreciation of their bigger, the appreciation is expected to lead to influx of hot money, generate economic bubble. China not only means the use of macro-economic control, but also in international dealings with other countries to reduce excessive pressure on RMB appreciation. On the other hand, over the past few years and the fact that some scholars refer to the analysis also shows that the RMB appreciation can not solve China's international balance of payments surplus in the existing dual phenomenon. For a country, more important is to maintain internal balance, the sustainable and stable development of the economy first, rather than a single target as a precondition.
1.2 expand domestic demand and reduce dependence on foreign trade. In 2002, China's dependence on foreign trade reached 50% in 2005 as high as 63%. Notes for domestic demand, external demand also reduced once, then the industry will inevitably lead to shrinkage of China's economic development.
1.3 adjust the industrial structure, to achieve industrial upgrading. A country's industrial structure determines a country's trade structure. China's exports are mainly labor-intensive products and imports mainly high-tech products and advanced technology and equipment. Enhance the level of independent R & D, adjusting the industrial structure, is the impact of RMB appreciation against the best approach.
1.4 rational use of foreign exchange reserves. China's foreign exchange reserves in September 2009 reached $ 2,272,595,000,000, while July 2005 was $ 732,733,000,000. Adequate foreign exchange reserves should not be the pressure of RMB appreciation, but should be a powerful tool to stimulate the economy. Imports by a large number of foreign exchange reserves of energy, food, equipment, technology, not only can ease the pressure of RMB appreciation, but also improve our business productivity.
4.2 China's automobile export enterprises.
2.1 The use of financial instruments to hedge foreign exchange risk. Since the exchange rate reform in China since the RMB exchange rate volatility increases, import and export enterprises in China has brought to greater foreign exchange risk. So learn to use financial instruments related to trade settlement and new tools to hedge their import and export business, hedging is a top priority of China's enterprises.
2.2 increase in the value-added products, improving product competitiveness. China's export enterprises are mostly low value added products for export. With the appreciation of the renminbi, China's exports cheap advantage is a little bit lost. Technological innovation to lead the increase in value-added products is the long-term China's enterprises should adhere to the path of development.
第3个回答 2011-03-11
1 RMB appreciation can not be hurried. China's economy grew steadily in the financial crisis, people
Naturally have great appreciation of the renminbi expected. However, from the experience of Japan can be seen 90
Out that the expected appreciation of the negative impact than the appreciation of their bigger, expected to result in the appreciation of hot money inflows,
Generating economic bubble. China not only to regulate the use of macro-economic measures, but also in the international
Deal with other countries to reduce excessive pressure on RMB appreciation. On the other hand, the past few years
Facts and some scholars cited above analysis also shows that the RMB appreciation can not solve our country
There's double the balance of payments surplus phenomenon. For a country, more important is to maintain both internal
Balanced, sustainable and stable development of the economy first, rather than a single target as a precondition.
1.2 expand domestic demand and reduce dependence on foreign trade. In 2002, China's dependence on foreign trade reached
50% in 2005 as high as 63%. Notes for domestic demand, once the external demand is also reduced, then the inevitable
Will lead to industry contraction, affect China's economic development.
1.3 adjust the industrial structure, to achieve industrial upgrading. A country's industrial structure determines a country's
Trade structure. China's exports are mainly labor-intensive products, mainly high-tech imports
Products and advanced technology and equipment. Enhance the level of independent R & D, adjusting the industrial structure, is
The impact of RMB appreciation against the best approach.
1.4 rational use of foreign exchange reserves. China's foreign exchange reserves in September 2009 reached $ 2,272,595,000,000,
And in July 2005 to 732.733 billion U.S. dollars. Adequate foreign exchange reserves should not be
The pressure of RMB appreciation, but should be a powerful tool to stimulate the economy. Use of a large number of
Foreign exchange reserves, imported energy, food, equipment, technology, not only the pressure of RMB appreciation can be
To ease, but also improve our business productivity.
4.2 China's automobile export enterprises.
2.1 The use of financial instruments to hedge foreign exchange risk. Since China's exchange rate reform, the RMB
Exchange rate volatility increases, import and export enterprises in China has brought to greater foreign exchange risk. The
To learn to use financial instruments related to trade settlement and new tools for their import and export
Services to hedge, hedging is a top priority of China's enterprises.
2.2 increase in the value-added products, improving product competitiveness. China's export enterprises exported
Most of the low value-added products. With the appreciation of the renminbi, China's export advantage is low-priced products
In a little bit lost. Technological innovation to lead the increase in value-added products is the long-term China's enterprises should be
That adhere to the path of development.
第4个回答 2011-03-12
1.1 The appreciation of RMB shouldn’t rush to rise. China’s economy is growing steadily even under influence of the financial crisis. People are naturally having high expectation for the appreciation of RMB. Looking back at Japan’s economy history of the 1990s, however, the expectation of appreciation exerted a worse influence more than appreciation itself. It leads to the large influx of the speculative money/hot money, finally resulting in the bubble. Macro-control should be applied to regulate the macro-economy. Also, the negotiation with other countries would help to reduce the pressure of appreciation of RMB. The actual facts and the analysis from some scholars quoted above suggest that appreciation of RMB can not be the measure to regulate double surplus of the international payments. To any country, the essential task is to keep the domestic balance, to put the sustainable and stable economy development as the priority, instead of focusing on one single aim.
1.2 Expand domestic demand; Lower the ratio of dependence on foreign trade. In 2002, the ratio of dependence on foreign trade is up to 50%; in 2005, it is even up to 63%. As acknowledged, domestic demand reduces, together with the decrease of foreign demand, industry and economy will greatly shrink.
1.3 Readjust industrial structure; realize industrial update. The industrial structure decides the foreign trade structure. China exports products of the labor-intense industry, while imports high-tech products and advanced technical equipments. Promoting products R&D level, adjusting the industrial structure is the best way to offset the impact of appreciation of RMB.
1.4 Make advantage of foreign exchange reserve. China’s foreign exchange reserve arrives at 2272.595 billions dollars in September, 2009, while the number noted as 732.733 billions dollars in July, 2005. The ample reserve shouldn’t the reason to push the appreciation of RMB. On the contrary, it should be the powerful tool to stimulate the economy. Make use of the foreign exchange reserve to import grain, technique and equipment, which helps to ease the pressure of appreciation and to improve productivity.
2.1 Mitigate the risk of exchange rate with the help of financial instrument. Since the reform of China’s exchange rate, the large fluctuation RMB exchange rate brings about more risk for import and export enterprise. Thus, financial instrument and the new settlement instrument to hedging is the urgent task.
2.2 Increase added-value and competition of the product. China’s export products own low added-value. With the appreciation of RMB, low-price becomes no more an advantage little by little. China’s enterprises should begin to promote technology innovation to added-value products.