An Empirical Study of the Impact of RMB Exchange Rate Appreciation on China's Import and Export Trade

摘要

In recent years,RMB exchange rate appreciates due to many factors,especially after the United States of America accusing the undevelue of RMB exchange rate causes Sino-US trade imbalance,forcing RMB appreciating.By establishing the econometric model,the article studidied the effect of RMB exchange rate appreciation on China's import and export trade.The finding indicates that RMB exchange rate is not the only factor to influence China's import and export trade.Based on the empirical study,relevant suggestion on the level of policy are put forward.