How does the appreciation of the renminbi affect export oriented enterprises?

Updated on Financial 2024-06-02
4 answers
  1. Anonymous users2024-02-11

    To put it simply, it will affect the profits of export enterprises.

    Our country is the world's factory, and the vast majority of export-earning enterprises are labor-intensive enterprises, and the added value of earning foreign exchange is not very high. Some of the products sold abroad are about the same as those in China. Similar products are also relatively low in the world.

    Every year, the pressure of work and employment in our country is very high, and it seems that tens of millions of jobs are needed. The production of high value-added high-tech enterprises is not our country does not expand, has been developing, can face up to the current situation, personnel quality, social environment, scientific and technological level and other realities can be more telling. That is, a large number of labor-intensive enterprises will exist and continue to develop for a long time, and the reality is not a one-time solution.

    Then the impact of RMB appreciation on our export enterprises is definitely not as simple as the benefits outweigh the disadvantages. It's very embarrassing and uncomfortable.

    The profits of some enterprises will be reduced, and the wages of some workers will be reduced, which will put a lot of pressure on our domestic demand and people's living emotions. What's more, inflation is so strong at the moment. Including a series of reforms will form greater pressure, perhaps it should have been done step by step, but because of the pressure of the people, it will have to be drastic, then it may sacrifice the interests of some people, some people, do not forget that the Chinese population base is large, that is, a very small number of that are not a lot.

    There may also be a lot of chaindom effects. I have always supported the stability of the renminbi. In my opinion, the national pride of the renminbi's appreciation will come at a great cost, and I believe that the country will never want it to appreciate.

  2. Anonymous users2024-02-10

    That's right

    It is not good for export enterprises and will reduce the profits of export enterprises.

    For example, a 100-yuan commodity is approximately equal to the U.S. dollar when the exchange rate of the U.S. dollar to the renminbi is 8.

    Now, if the exchange rate of the US dollar against the yuan falls to 7, that is to say, the yuan **, it is equal to the US dollar or so.

    That is to say, the ** of export commodities is going to become higher, if the enterprise does not want to raise the price in order to maintain market share, and continues to maintain the US dollar**, it can only recover the yuan, that is, it will lose.

    The impact of currency rate changes on a country's economy is immeasurable, and the frequent fluctuations in currency rates will affect the development of the entire country's economy, so for a country, currency rate stability is the key. The impact on export-oriented enterprises has greatly curbed the development, especially in our country, which is known for its cheap labor resources, export-oriented small commodities can feed many people, reduce employment pressure, and appreciate the renminbi, most people do not want it, of course, there are advantages, but in general the advantages outweigh the disadvantages.

  3. Anonymous users2024-02-09

    The impact of RMB appreciation on small and medium-sized enterprises can be divided into categories.

    One is the enterprise that benefits from the appreciation of the people's currency, and the other is the enterprise that suffers from the appreciation of the RMB. Import-based companies will be affected by the appreciation of the renminbi and increase their earnings because they will have to pay less for goods.

  4. Anonymous users2024-02-08

    Now small and medium-sized enterprises can hear that the crisis is victory, to maintain the continuation of the original customer orders, especially large customers to maintain good, that is the lifeblood of the company, the second important thing is the collection of money, all the monthly customers Luo Xun Xun listed, one by one to visit, by the way to inspect the monthly customer business, this is very necessary, in fact, every businessman does not want to go bankrupt and run debts, they are also the last resort, so to check the business situation of these customers, your profits are big, If you can't receive money, it's all for nothing!

    In the past, how to develop customers, now how to develop more hard, in fact, there are still a lot of factories that place orders, but there are fewer Changbends compared to last year. fighting!

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