人民幣升值的利弊

TheprosandconsoftheappreciationoftheRMB宋佳嶺41401320陳泓宇41401221曾靜怡41401229賴伊蘭41401227趙雪41402309何英414016092023/2/5List

AbstractKeywordsThebackgroundoftheappreciationoftheRMBThereasonsoftheappreciationoftheRMBTheprosandconsoftheappreciationoftheRMBMeasuresConclusions

AbstractTheappreciationoftheRMBisrelativetotheothercurrencies,thatistosaytheyuan'spurchasingpower.Theyuantotradeinourcountry,economicdevelopment,employmentmatters.TherearemanyfactorsthatcanaffecttheappreciationoftheRMB.keywordsTheappreciationoftheRMBAppreciationprosandconsMovementsExchangerates

background背景21stGlobaleconomicdownturnThewesterncountriesfacedeflationChina'seconomicdevelopmentChina'sforeignexchangereservescontinuetoincrease2023/2/5China'seconomicdevelopmentChina'sforeignexchangereservescontinuetoincrease

2002，ThegroupofsevenOECDmeeting,JapanaskedtomakeRMBappreciationDollarsweakness,somecountriesinEuropeandEastAsiajointheranksoftheappreciationoftheRMBTheUSAalsosaidthattheRMBshouldappreciated2023/2/5Relatedconcepts1.RMBappreciation:

toenhancethepurchasingpoweroftheRMB.Forexample,intheinternationalmarket,theoriginaloneyuanonlytobuyaunitofgoods,theRMBappreciationwillbeabletobuymoreunitsofgoods,theappreciationordepreciationoftheRMBexchangerateisreflectedbythe.2023/2/52.Definitionandimpactoftheexchangerate:theexchangerateistheratioofacountry'scurrencytoanothercountry'scurrency,whichisthepriceofanothercurrency2023/2/53.RMBrealexchangerate:iftherealexchangeraterises,thepriceofforeigngoodsandservicesisrelativelyhigher,thepurchasingpowerofthelocalcurrencyinforeigncountriesisrelativelydecreased,therealdepreciationofthelocalcurrency,therealappreciationofforeigncurrency4.ThenominalexchangerateofRMB:toacountry'sforeigntradepartners,andthevolumeoftradeinthecountry'stotalforeigntradevolumetheproportionfortheweight,willeachtradepartnersofthenominalexchangerateistheweightedaverageoftheexchangerateindex2023/2/55.RMBexchangerateregimeoverview:atpresent,theRMBexchangerateregimeforamanagedfloatingexchangerateregime.6.Purchasingpowerparitytheory:AStudyonthetheoryofpurchasingpowerrelationsbetweendifferentcountries.Thecoreviewisthatthecountryneedsforeigncurrencyorforeigncurrency,becausethesetwokindsofcurrencyhavethepurchasingpowerofthecommodityineachcountry.Theratioofthetwocurrenciesisthe"first"basic"basis".ThereasonsTherealeffectiveexchangerateappreciationoftheRMBPurchasingpowerparitytheorysuggeststhattheappreciationoftheRMBThebalanceofpaymentstheorysupporttheappreciationoftheRMBFrominternationalpressure,theinternationalcommunity'sstrongexpectationsfortheappreciationoftherenminbi2023/2/5Presentsituation(1)asmallrevaluationoftherenminbihastriggeredastrongexpectationoffurtherappreciationoftherenminbiintheinternationalfinancialmarkets.(2)ernationaldomestic(1).Theincreaseinthetradesurplusandthelargenumberofforeignexchangereservesarestilltheinternalpressuretoforcethefurtherappreciationoftherenminbi.(2).Highspeedgrowthoftheeconomyistheinherentpoweroftheappreciationoftherenminbi.(3).Thecontinuedvalueofthecurrencyhasledtoanexcessivecostofimports,theappreciationoftherenminbiistheinherentneedofChina'seconomicdevelopment.2023/2/5Aboutthepresentsituationofinternational(1)asmallrevaluationoftherenminbihastriggeredastrongexpectationoffurtherappreciationoftherenminbiintheinternationalfinancialmarkets.2013年人民幣對(duì)美元匯率（美元=100）（元）：619.32Presentsituationofinternational2023/2/52014年人民幣對(duì)美元匯率（美元=100）（元）：614.28Presentsituationofinternational(2)thetradefrictionisstillsharpandthepressureontheappreciationoftherenminbicontinuestoexist2023/2/5PresentsituationofdomesticAbout

thepresentsituationofdomestic(1).Theincreaseinthetradesurplusandthelargenumberofforeignexchangereservesarestilltheinternalpressuretoforcethefurtherappreciationoftherenminbi.2012年中國(guó)的商出口貿(mào)易總額2023/2/52013年中國(guó)的出口商品貿(mào)易總額Presentsituationofdomestic2023/2/5Presentsituationofdomestic2013年中國(guó)的外匯儲(chǔ)備2023/2/5Presentsituationofdomestic2014年中國(guó)的外匯儲(chǔ)備2023/2/5Presentsituationofdomestic(2).Highspeedgrowthoftheeconomyistheinherentpoweroftheappreciationoftherenminbi.2012年中國(guó)的經(jīng)濟(jì)活動(dòng)人口2023/2/52013年中國(guó)的經(jīng)濟(jì)活動(dòng)人口Presentsituationofdomestic2023/2/5Presentsituationofdomestic(3).Thecontinuedvalueofthecurrencyhasledtoanexcessivecostofimports,theappreciationoftherenminbiistheinherentneedofChina'seconomicdevelopment2013年中國(guó)進(jìn)口額2014年中國(guó)進(jìn)口額2023/2/5prosToacertainextent,tobalancethedomesticprices,convenientandpeoplelifeIshelpfultopromotetheadjustmentofindustrialstructureinourcountryToimporttradeToeasetradedisputes,andestablishagoodinternationalimageofourcountry2023/2/5

Toimporttrade2023/2/52005年——2012年中國(guó)進(jìn)出口貿(mào)易額變化趨勢(shì)（單位：億美元）2023/2/52005年——2012年中國(guó)出口商品結(jié)構(gòu)構(gòu)成情況2005年——2012年中國(guó)進(jìn)口商品結(jié)構(gòu)構(gòu)成情況2023/2/52005年以來(lái)我國(guó)一般貿(mào)易、加工貿(mào)易出口額占出口總額比重Inthelongrun,theappreciationoftheRMBhasoptimizedthestructureofChina'sexportcommodities.In2003,theexportofcapitalandtechnologyintensiveproductshasexceededtheproducts,whilein2005China'smechanicalandelectricalproductsbecomethemainproductsofexport,China'sexporttradestructurebegantoshiftfromlabor-intensiveindustriestocapitalandtechnologyintensiveindustries,exporttradestructureintheoptimization.Appreciationoftherenminbialsomakestheimportofmachineryandtransportationequipmentandotherproducts,theintroductionofadvancedtechnologytoimprovethelevelofourproducts,optimizetheindustrialstructureofchina.consIsnotconducivetoforeigntradeexportgrowthForintroductionofforeigncapitalAffectthestabilityoffinancialmarketsCanincreasetheemploymentpressureMeasureOptimizethestructureofexportproducts,enhancingindustr