RMB Appreciation On China's Auto Industry Research

In this study, RMB appreciation on China's auto industry will produce exactly what kind of impact. China's trade surplus in foreign trade in a position, however, the developed Western capitalist countries in trade with China is in a deficit position, especially in the United States and China's foreign trade is in deficit position. Therefore, the US-led Western capitalist countries they think caused the deficit is due to their own country's currency is undervalued yuan caused by the Chinese government was required to make drastic appreciation of the renminbi to avoid their country's foreign trade deficit. At the moment, China's auto industry has been growing rapidly to become the world's first automotive power, of course, is not the first car power. RMB appreciation China's auto industry will produce what kind of consequences it, the issue of China's automobile industry of a significant and worth studying. The purpose of this research is to clarify the RMB appreciation on China's auto industry the impact of the positive and negative effects, make their own countermeasures for the development of China's automobile industry to contribute their bit modest.This paper is the status of the automobile industry and the problems start of RMB appreciation impact on the automotive industry, and then put forward China's auto industry should take countermeasures. When problems in the analysis, using a combination of theory and practice of the method, qualitative analysis and quantitative analysis method, the issue of positive and negative contrast method, etc., seeks to analyze the real problem. Detailed analysis of the RMB appreciation on China's automotive industry produced beneficial effects and adverse effects, mainly in consumption, investment, foreign trade in three aspects. Finally, the RMB appreciation on China's Automobile Industry has raised its policy recommendations, and the appreciation of the RMB should be maintained at an appropriate level, is calculated at purchasing power parity exchange rate.