Why the appreciation of the RMB exchange rate is not good for China s exports

The rise in the RMB exchange rate shows that our things are more valuable, but other people's purchasing power is limited, that is to say, our things are expensive, and the money that others have is limited, so that people will buy less, and in this way, it will cause industrial investment to be transferred to foreign countries, which is not conducive to our development.

A large number of China's export commodities come from extremely low production costs, if the production cost increases, it is a price for both domestic and foreign countries, who will buy your goods!

The renminbi has risen sharply! It's not good for our exports, so why do you want to **?

The renminbi appreciated.

is good for imports.

Reason: The appreciation of the renminbi means the purchasing power of the renminbi.

Intensifier. For example, in the international market.

It turned out to be one yuan.

The balance of payments position is the dominant factor in determining the trend of the exchange rate. In general, there is a deficit in the balance of payments.

It indicates that the supply of foreign exchange exceeds demand, which will cause the depreciation of the local currency and the appreciation of the foreign currency; Conversely, there is a surplus in the balance of payments.

It will cause the appreciation of the local currency and the depreciation of the foreign currency.

An increase in the exchange rate is only good for imports, not for exports; In turn, the exchange rate decreases, which is good for exports and bad for imports.

For example, ** and demand tend to be balanced, then the original imported goods only 5 yuan, after the exchange rate rises, a piece is only 4 yuan, ** decreased, the demand will increase, so the number of imported goods will increase, on the contrary, the export of goods because of **, the demand will decrease.

Extended information: The concept of foreign exchange has a double meaning, that is, there is a distinction between dynamic and static. The dynamic concept of foreign exchange refers to a specialized business activity that converts the currency of one country into the currency of another country in order to pay off international creditor's rights and debts.

It is an abbreviation for international exchange. The static concept of foreign exchange refers to the means of payment expressed in foreign currencies that can be used for international settlements.

Such means of payment include credit instruments denominated in foreign currencies and valuable**, such as bank deposits, commercial bills.

Bank drafts, bank cheques, foreign treasury bills and their long-term and short-term bills, etc. International Monetary Organization**.

"Foreign exchange is the meaning of monetary administrations (banks, monetary authorities, foreign exchange leveling organizations, and ministries of finance.

Claims held in the form of bank deposits, treasury bills of the Ministry of Finance, long-term and short-term bonds, etc., which can be used in the event of a deficit in the balance of payments".

According to the Regulations of the People's Republic of China on Foreign Exchange Administration, as amended and promulgated in January 1997, foreign exchange refers to the following means of payment and assets that can be used for international settlement in foreign currencies:

foreign currency, including banknotes, coinage;

Foreign currency payment certificates, including bills, bank deposit certificates, corporate bonds, etc.;

Foreign currencies have value**, including **bonds, corporate bonds, **, etc.;

Special Drawing Rights.

The European Currency Unit (EUR.

Other foreign exchange assets.

What people usually refer to as foreign exchange is generally in its static sense. It is a means of payment in foreign currency or in foreign currency that can be used for international settlements. The exchange rate is also known as the exchange rate.

It refers to the currency of one country expressed in the currency of another country**, or the comparison between the currencies of two countries.

In the foreign exchange market, the exchange rate is displayed in five digits, e.g. EURJPY.

Pound sterling. The minimum unit of change in the Swiss franc exchange rate is one point, that is, the last digit of a digit change, such as: , euro, yen, pound sterling, Swiss franc according to international practice, usually use three English letters to indicate the name of the currency, the English after the above Chinese name is the English ** of the currency.

The exchange rate is also known as the "foreign exchange market."

or exchange rates". The ratio of one country's currency to another's currency is the megagram of one currency expressed in another**. Since the names of the currencies of various countries in the world are different and the value of the currency is different, the currency of one country should stipulate an exchange rate for the currency of other countries, that is, the exchange rate.

The exchange rate is the most important adjustment lever in the world. Because the goods produced in a country are costed in the country's currency, the cost of goods must be related to the exchange rate in order to compete in the international market. The level of the exchange rate also directly affects the cost and quality of the commodity in the international market, and directly affects the international competitiveness of the commodity.

RMB exchange rateElevated is good for imports.

Imports refer to the purchase of raw materials, products, and services required for production or consumption by non-residents of the region. The purpose of imports is to obtain lower cost production inputs, or to seek monopoly profits for products and services that are not available in the country.

Tax:

import duty.

It refers to the normal customs duties imposed by the customs of the importing country on the importers of foreign goods when they are imported. It is the direct entry of foreign goods into the customs territory of the importing country or by the free port, free ** zone.

or other areas exempt from import duty, such as customs bonded areas, when the goods are sold in the domestic territory of the importing country, they shall be levied at the time of customs formalities.

At the same time, import taxes are also an important means for a country to pursue its foreign policy. Some countries are based on political-economic relations.

, different tax rates will be imposed on the same commodity from different countries, thus creating a differential treatment. If this differential treatment is taken as the criterion, import taxes can be divided into ordinary taxes, most-favored-nation taxes, preferential tariffs and generalized preferential systems.

Imported patented products:

The import of patented products refers to the import of objects composed of or containing patented products into the country. It has nothing to do with the country from which it is being imported, and whether the imported state of origin has patent rights in the country where the product is manufactured or exported.

Nothing to do with it. The imported product must be protected by patent law in the importing country, otherwise it cannot constitute the act of importing the patented product.