July 21, 2005, People's Bank of China announced: begin the implementation of our country based on market supply and demand with reference to a basket of currencies, there is a managed floating exchange rate system. RMB exchange rate is no longer pegged to a single dollar, while the formation of a more flexible RMB exchange rate mechanism. 2 percent revaluation of the RMB, the U.S. dollar against the RMB trading prices one U.S. dollars adjusted to 8.11 RMB. So far, appreciation of the RMB rate has reached as much as 21 percent.In the RMB exchange rate reform before the past 20 years, the RMB against the U.S. dollar on the exchange rate by devaluing our currency for the overall trend. Therefore the academic and corporate studies have mainly focused on how to avoid the devaluation of the RMB exchange rate risk brought about. Therefore, in view of the actual situation, the academic, business and related research institutions will focus on how to deal with the devaluation of the RMB exchange rate risks arising from, this also happened when the RMB to appreciate cause change, most companies lack of response to bear the loss.Therefore, in face of the unexpected appreciation of the RMB, China's foreign trade enterprises how to adapt to changes in currency exchange rates, how to maximize the avoidance of exchange rate fluctuations caused by interference, and how to adverse exchange rate fluctuations to minimize the extent of impact has become an extremely important and arduous task. Of these, but also research and explore in this article is the main content, and the title of the study also has great practical significance.So far, the appreciation of the RMB has been the impact on enterprises over 3 years, many enterprises have gradually adapted to the changes of RMB appreciation, take the initiative to use various means to avoid risks. However, there are also many enterprises are still losses. Through research I found that the RMB exchange rate reform, the large-scale foreign trade enterprises a wide range of response measures, there is a traditional financial instrument, and there are some new transactional products, such as accounts receivable financing.In this article, I will mainly focus on the new transaction-based application products, and through the author's classic case study, the image of this profoundly expounded so as to arrive at the author take the initiative to encourage foreign trade enterprises to use the new transaction-based products conclusion.In addition, the author of this question will also research and sustainable development to combine accounting, highlighting the relationship between the two, put this article to a higher level. |