外文翻译浅谈人民币汇率升值对我国经济及外贸的影响.docVIP

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-trys economic 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 Chinas economy, foreign trade import and export volume and structure 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 rate 1.1 Chinese and foreign interest rate difference Interest 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, make the difference of interest rate on exchange rate influence the trend of continuous improvement. 1.2 Money supply situation RMB exchange rate and Chinas money supply substantially positive correlation, due to the deepening of reform and opening up, foreign investors can not only make use of cheap Chinese labour, more optimistic about Chinas 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 the trend of Renminbi rmb. 1.3 In