The impact of RMB appreciation on our country, the impact of RMB appreciation

There are pros and cons!

Benefits: Spend RMB abroad and buy more things than before;

Disadvantage: The competitiveness of imports and exports has decreased (mainly **).

It doesn't have much impact on ordinary people, only benefits!

If you don't go abroad and don't buy imported goods, it doesn't matter.

The appreciation of the renminbi is generally relative to other currencies, which means that the purchasing power of the renminbi has increased within the same market. Generally speaking, the appreciation of the renminbi has both positive and negative effects, such as improving supply and demand, increasing employment pressure, and so on. In the actual market, the main reason for the appreciation of the renminbi is the internal dynamics of China's market economy system and external pressure from outside China.

1. Expanding demand for imported products: The appreciation of the renminbi means that the real purchasing power of Chinese residents using the renminbi has increased. When the renminbi appreciates, it means that people use less money to buy the corresponding products, which increases the demand for imported products;

2. Reduce the cost burden of imported raw materials and energy;

3. Conducive to the adjustment of Chinese enterprises;

4. It will help to ease relations between China and its major partners.

1. Pressure on export enterprises: The appreciation of RMB means that export enterprises need to use more money to export products to foreign markets, which increases the economic burden of export enterprises to a certain extent;

2. It is not conducive to the operation of introducing foreign capital in the Chinese market;

3. Increase the pressure on employment in China.

Clear answer: RMB appreciation refers to the appreciation of the RMB exchange rate. There are two meanings about the appreciation of the renminbi, that is, the internal appreciation of the renminbi and the external appreciation of the renminbi.

The so-called domestic appreciation of the renminbi refers to the enhancement of the purchasing power of the renminbi currency, which is measured by economic indicators as a decline in the domestic price level, and the decline in prices is reflected in the price index, such as the most commonly used consumer price index CPI will decline, from the perspective of the common people, it is "money is more spent".

The so-called appreciation of the renminbi refers to the decline in the exchange rate of the renminbi against foreign exchange, which is the reduction of the amount of renminbi that can be exchanged for 1 US dollar under the direct pricing method.

Expansion: The exchange rate is the exchange of the currencies of two countries from a professional point of view, as we all know, since it is the first country, it should follow the law of value, and fluctuate up and down around the value, so from the perspective of the essential requirements of the exchange rate, like other countries, the exchange rate will fluctuate up and down with the change in the supply and demand of the foreign exchange market.

That is to say, the familiar RMB exchange rate has adopted a fixed exchange rate system for a long time in the past, while most major settlement currencies such as the US dollar, British pound, and Japanese yen have adopted relatively large exchange rate fluctuation space.

Renminbi appreciation encyclopedia.