The Effects Of RMB Apprecation To Our Country Import And Export And Counter Measures

China began to implement Managed Floating Exchange Rate based on market supply and demand, simultaneously reference to a basket of currencies on July 21st 2005. RMB appreciation problem has become one of the economic hot issues. RMB exchange rate reform makes the formation mechanism of exchange rate more flexible, so makes it more complex and uncertain. For China, it not only affects the change of RMB against other countries, but also affects currency to China's foreign trade. The rapid development of China's foreign trade makes our country accumulated large trade surplus and foreign exchange reserves, thus make our country faced great pressure of RMB appreciation.The article recalled the background and process of the appreciation of the RMB, and revealed the active effect that the revaluation of RMB had made on China's foreign trade, especially the influence to our main exporting industry. At the same time through the studying the adjustment of foreign trade policy, it suggested some countermeasures to the strong tendency of RMB's revaluation that the government and enterprise should take. Main contents of article include the following aspect:Firstly, the retrospect for the reforms of exchange rates for the RMB and RMB appreciation background analytical. Since building up the country, the reforms of exchange rates for RMB have experienced seven stages. We can see that our country adopted the peg exchange rate system, however, in 2005, first time; the RMB to US dollar pegging system is switched to a managed floating exchange rate regime based on market supply and demand with reference to a basket of foreign currencies. The reform of exchange rate has complicated background. There are some reasons: Original exchange rates exist self's defect; our country economy scale enhances, the economic strength strengthens; our country financial market, development of foreign exchange market expands especially; the need there existing in world economy is insufficient and structure does not balance; the developed country has his homeland political matter, and so on. At the same time, the article has analyzed the cause that resulted RMB currency value to establish our new height unceasingly.Secondly, policy and proposal under the tendency of RMB appreciation. Under the development effect of RMB appreciating, the government should take active measures to adjust relative policies, and promote the development of China's foreign trade healthily and in order. At same time, the article has submitted corresponding countermeasure and suggestion. For government:1.perfect the forming mechanism for the RMB exchanges rates, promotes the reformation of RMB exchange rates further.2.Adopt adequate measures boosting our country foreign trade developing. For enterprise:Foreign trade enterprise is going to attach great importance to RMB exchange rate mechanism reformation, to reinforce follow-up studies; Optimizing export products structure, sharpening cost and cost management; Accelerating a multi-outlet market step. Adjusting trade flow direction in time; shifting cost to the customer, sharing the RMB appreciation loss with customer; Striving for more advantageous clearing form, making use of finance implement to evade an exchange risk.