人民币汇率对我国外贸的影响__外文文献

1、 外文资料译文 论文题目 人民币汇率升值对我国外贸 的影响分析 专 业 国际经济与贸易 班 级 姓 名 学 号 指导教师 职 称 2012 年 1 月 3 日The impact of RMB exchange rate appreciation to our economy and the foreign trade This paper analyzes the causes of RMB exchange rate appreciation, expounds the beneficial effects, adverse effects on our coun-try's ec

2、onomic and foreign trade, and puts for-ward the countermeasures to the effects. Present situation of Chinese foreign trade surplus continues to expand, which is caused by a variety of reasons. The appreciation of RMB exchange rate on China's economy, foreign trade import and export volume and st

3、ructure have a series of effects, only to take positive and effective measures to make the economy of our country and export enterprises to obtain the sustainable and stable development.1. reasons for the appreciation of the RMB exchange rate1.1 Chinese and foreign interest rate difference Interest

4、rate policy is an important tool of monetary policy. The rate of relative height will affect the capital flow direction is one of the important ways, high interest rates will stimulate the international capital inflow, and reduce its outflow of funds. Thus affecting the scale of international trade,

5、 make the difference of interest rate on exchange rate influence the trend of continuous improvement.1.2 Money supply situation RMB exchange rate and China's money supply substantially positive correlation, due to the deepening of reform and opening up, foreign investors can not only make use of

6、 cheap Chinese labour, more optimistic about China's huge domestic market. Therefore, foreign investment increased substantially. Due to tightening of monetary policy, the RMB fund is quite nervous, the entry of foreign capital and foreign exchange, so appeared apparent oversupply, resulting in

7、the trend of Renminbi rmb.1.3 International balance of payments and foreign exchange reserve The formation of foreign exchange market and the international trade and investment is not divided, international balance of payment is a country's foreign economic activities of the various payment sum.

8、 Under floating exchange rates, the market supply and demand to determine the exchange rate changes, therefore international payments deficit will lead to the devaluation of the currency, the foreign currency appreciation, namely the exchange rate rise. Conversely, international payments surplus cau

9、sed a decline in foreign exchange rates.1.4 Economic growth A country's economic take-off stage, due to the low level of productivity, economic development performance for the extensive mode of operation, and thus their own currency exchange rate decreased, i.e. A country's economy is relati

10、vely mature stage, consumer demand as income and growth, but the growth that consumes demand to catch the output supply growth, so in the period of rapid economic growth, supply relative consumption demand, so as to have a downward pressure on prices.2. The exchange rate of RMB appreciation on China

11、's economy and foreign trade favourable effects2.1 Be helpful for Chinese enterprises to "go out" The appreciation of the renminbi means that Chinese enterprises to invest abroad cost relatively drops than before, which makes them to lower the cost of the establishment of multinational

12、 companies. So it is beneficial to the Chinese enterprises to "go out", to create a truly international competitiveness of Chinese transnational corporation.2.2 Will help improve trade conditions The appreciation of the renminbi, export prices higher, you can use less export products in re

13、turn for their own needs a variety of products. Export profit increases ceaselessly, can improve our terms of trade.2.3 Conducive to reduce external debt debt service pressure The rise in the renminbi exchange rate, outstanding debt servicing required the amount of local currency is correspondingly

14、reduced, to a certain extent so as to reduce the burden of external debt.2.4 Conducive to promoting the transformation of foreign trade growth mode The appreciation of the renminbi has contributed to China's foreign trade growth mode from extensive original shift quality and cost-effective inten

15、sive, this will bring the improvement of export structure, encourage technological innovation, sustainable development.2.5 Conducive to lower import costs After revaluation, the price of imported goods will have the same magnitude of decline, reducing our cost of imports and import fees paid. The ap

16、preciation of the renminbi will make large transaction costs of imports, so as to improve the profit situation of related industries, to economy construction is very favorable.2.6 Be helpful for improving the environment of attracting foreign investment The appreciation of the RMB exchange rate, can

17、 make have foreign-funded enterprises in China increased profits, so as to enhance the confidence of investors, to further increase investment or investment; the appreciation of the RMB exchange rate will attract a lot of foreign capital into China 's capital market, indirect investment proporti

18、on will be increased further.3. The exchange rate of RMB appreciation on China's economy and foreign trade adverse effects3.1 The influence of Chinese enterprise and many integrated competition ability of the industry The appreciation of the renminbi will lead to certain technical content and ad

19、ded value is low, poor management, high cost and low efficiency of export enterprises lose in the price in the international market competitive advantage, eventually had to be eliminated.3.2 Increasing employment pressure RMB appreciation will restrain or hit exports, will ultimately affect the empl

20、oyment. In the current China's employment situation is extremely grim situation, the appreciation of the RMB exchange rate will be worse employment situation.3.3 The agriculture of our country will face greater challenges The appreciation of the renminbi will block trade of China's agricultu

21、ral products export growth, import will increase apparently, production of our country agriculture will cause impact, influence farmer to add close. Import and export trade of agricultural products could be reversed, with surplus to deficit.3.4 The impact of the financial market stability China fina

22、ncial market development lags behind relatively, the appreciation of the renminbi will be a large number of short-term capital flows into the capital market through various channels, the profit-seeking behavior, easily lead to monetary and financial crisis, the Chinese economy will be sustained and

23、healthy development causes adverse effect.3.5 Weaken China's export growth The appreciation of the renminbi, China's manufacturing industry in the global competition will gradually disappear, easy manufacturing overseas. The value of the renminbi, export enterprises to maintain a certain pro

24、fit, the export unit of foreign currency prices will increase, not conducive to exports continued to expand and in the international market share increase.3.6 Export growth is restricted to the export enterprises, bring a loss The appreciation of the renminbi, if China's export commodities denom

25、inated in foreign currency prices unchanged, requires the export commodities denominated in Renminbi price decline, in this way, China's exports will not be affected, but our country enterprise 's profit fell by.3.7 Not conducive to attracting foreign investment in China The appreciation of

26、the renminbi to processing trade of foreign enterprises export cost increase, so that the processing trade of the foreign investment decline. This will affect foreign investment enterprises, Profit to investment scale and industry localization process, is not conducive to China 's processing tra

27、de industry sustainable development, upgrade.4. In view of the appreciation of the RMB exchange rate on China's economy and foreign trade 's influence, proposed countermeasures4.1 Develop an international market energetically? In order to future export trade, long-term development? In additi

28、on to continue to consolidate and further develop the traditional American, Japanese, European market?, enterprises should also actively looking for and open up new target markets, such as Africa, ASEAN and other potential huge market, promote the diversification of the market, enterprises to expand

29、 exports, to the export enterprises to bring new profit source.4.2 To alleviate the pressure of RMB appreciation We can adjust the foreign trade structure to reduce the reliance on the American market. In view of capital inflow pressures, continue to encourage the inflow of foreign capital in the. A

30、ccording to the rapid growth of foreign exchange reserves has brought the pressure, we can take measures to appropriate control of its growth rate, as the gradual adjustment of the RMB exchange rate level and lay the foundation for.4.3 Improve product quality, create their own brand In order to impr

31、ove the export products in the international market competition, China's export enterprises to deal with the RMB appreciation is another key measures to realize the upgrading of products, to build their own brands, from to the price advantage competition to quality and brand and price advantage

32、to participate in international competition.4.4 Change the mode of growth of export trade The new technology, new energy, new materials and other high-tech penetration into traditional industries to them, so that our export products by labor concentrated model, resource intensive to high technology

33、content, the degree of processing depth, high value-added new products. And to the development of high-tech industry.4.5 Timely adjustment of exchange rate and exchange rate system We should realize the adjustment of the RMB exchange rate policy, successfully, for the future of the stability of macr

34、o economy, trade and Industry Department trade departments the balance between development and sustainable economic growth in China have a profound and positive significance. And this, to be on the government to take decisive measures, eliminate the appreciation expectation.4.6 Reduce production and

35、 transaction cost The export enterprises may through strengthen management, straighten out the internal process, reduce the management cost; using the appreciation of the renminbi, increase the import raw materials from abroad, to reduce the material cost; direct contact with foreign or make full us

36、e of the Internet to the development of electronic commerce, export less intermediate links, improving the trading efficiency, reduce transaction costs.分享到 翻译结果重试抱歉，系统响应超时，请稍后再试· 支持中英、中日在线互译 · 支持网页翻译，在输入框输入网页地址即可 · 提供一键清空、复制功能、支持双语对照查看，使您体验更加流畅Authors: Aaron Johnson, The impact of RMB

37、 exchange rate appreciation to our economy and the foreign trade 2009.08浅谈人民币汇率升值对我国经济及外贸的影响 本文分析了人民币汇率升值的原因，阐述了人民币汇率升值对我国经济及外贸的有利影响、不利影响，并针对人民币汇率升值对我国经济及外贸的影响，提出了对策。 中国目前的现状是外贸的顺差额继续扩大，这主要是由于多种原因造成的。人民币汇率的升值将对我国经济、外贸进出口的总额及其结构产生一系列影响，只有采取积极有效的措施才能使我国经济及出口企业获得持续稳定发展。1. 人民币汇率升值的原因1.1 中外利率差异情况 利率政策是一个

38、国家重要的货币政策工具。利率的相对高低会影响资本流动的方向就是其中一个重要的方式，较高的利率水平会刺激国际资本流入，并减少本国的流出资金。从而影响国际贸易规模，使利率差异对汇率走势的影响力不断提高。1.2 货币供应量状况 人民币汇率与中国货币供应量大体上成正相关，由于改革开放的深入，国外投资者不但可以利用中国廉价的劳动力，更看好中国庞大的国内市场。因此，外商投资大幅增加。由于紧缩性的货币政策，人民币资金相当紧张，外资进入又多，所以出现了明显的外汇供大于求，造成人民币升值趋势。1.3 国际收支状况和外汇储备情况 外汇市场的形成与国际贸易和投资是分不开的，国际收支是一国对外经济活动中的各种收支的总

39、和。在浮动汇率制下，市场供求决定汇率的变动，因此国际收支逆差将引起本币贬值，外币升值，即外汇汇率上升。反之，国际收支顺差则引起外汇汇率下降。1.4 经济增长情况 一国经济起飞阶段，由于生产力水平低，经济的发展表现为粗放式经营，从而本国的币值下降，即汇率的上升。一国经济较为成熟阶段,消费者的需求虽然随着收入而增长，但消费需求的增长赶不上产出供给的增长，故在经济快速增长时期，供给相对消费的需求旺盛，从而对物价有向下的压力。2. 人民币汇率升值对我国经济及外贸的有利影响2.1 有利于中国企业“走出去” 人民币升值意味着中国企业到海外投资的成本相对来说比以前下降，这使得他们能以较低的成本在国外建立跨国

40、公司。所以有利于中国企业更好地“走出去”，造就出中国真正具有国际竞争力的跨国公司。2.2 有利于改善贸易条件 人民币升值以后，出口产品的价格相对提高，就可以用较少的出口产品换回本国所需要的各种产品。出口利润不断增加，就可以改善我国目前的贸易条件。2.3 有利于减轻外债还本付息压力 人民币汇率的上升，未偿还外债还本付息所需本币的数量相应减少，从而在一定程度上减轻了外债负担。2.4 有利于推动外贸增长方式的转变 人民币升值有助于我国外贸增长方式从原来的粗放型转向高质量和高效益的集约型，这会带来出口结构的改善，激励企业技术创新，实现可持续发展。2.5 有利于进口成本的降低 人民币升值以后，进口商品的价格将会发生相同幅度的下降，降低我国进口商品的成本和在进口环节支付的费用。人民币升值将使大宗交易的进口成本降低，进而改善相关行业的赢利状况，对经济建设非常有利。2.6 有利于改善吸引外资的环境 人民币汇率升值，可使已在华投资的外资企业的利润增加，从而增强投资者的信心，促使其进一步追加投资或进行再投资；人民币汇率升值将吸引大量外资进入中国的资本市场，间接投资比重将进一步增加。3. 人民币汇率升值对我国经济及外贸的不利影响3.1 影响我国企业和许多产业的综合竞争力 人民币升值会导致某些技术含量与附加值低、管理不善、成本高且