An investigation on the influence of exchange rate fluctuation on related population

Source: Internet
Author: User
In the past year, the renminbi against the dollar has been higher exchange rate fluctuations, who is most concerned about reporters Liu correspondent Ning Su Xiaochun today, the renminbi against the U.S. dollar exchange rate of 6.6128, and then the new record.  Since December 1, 2010, the renminbi has risen from 6.68 to 6.61 against the dollar in just one months. The rally will continue. "In the coming period, the appreciation of the renminbi will be the biggest uncertainty affecting China's foreign trade."  Said Zhang Handong, director of the Provincial Center for International Economic and trade research.  Who benefits, who is damaged, the beginning of the new year, around the appreciation of the various suspense of the oncoming. Export enterprises: To increase the "Canton Fair" quote "for the recent appreciation of the accident?" "No surprises."  "This afternoon, facing the reporter's question, Zhejiang HuanYu Valve Co., Ltd., Huang, said calmly in the telephone. Such "calm" seems to be inappropriate, because the most sensitive to the appreciation of the renminbi, is undoubtedly export enterprises. But today, several of the export companies interviewed randomly, most of the reactions are the same as Huang. In this respect, Huang explained, "We all have expectations of appreciation." "Emotional calm, because the response has begun." The autumn Canton Fair will be held on April 15, Zhejiang New Big group chairman Jiang Yimin revealed that he had already asked the company salesman, according to the appreciation of the extent of judgment, to increase export quotes.  He told reporters, "New big" annual export of textile clothing about 300 million U.S. dollars, such a large export volume, textile and apparel profit space is small, if the quotation does not consider the future appreciation of the renminbi, the loss is almost guaranteed. But it is not easy to increase the price of an export. Jiang Yimin "complained" that to persuade customers to accept the price increase is not easy, old customers say some, to pull new customers is difficult. Moreover, because of appreciation expectations, long single, large single forced to change to short single, small single, will also increase operating costs. "Feel very awkward, sometimes wish to appreciate one-step, but rise too fast many enterprises can not afford."  "he said. To deal with appreciation, price adjustment is only a temporary policy, to truly free from the appreciation of the troubled, we must find a new way to survive. Many Zhejiang export enterprises are aware of this.  Pinghu "Thais good" Company general manager Fangxiaodong told reporters that most of the future export orders to outsource, exports will gradually evolve to take orders with single and quality control, their focus on the design and brand, change will only produce the "Foreign Trade factory" old image.  Import Enterprise: Account does not deposit dollars if the appreciation of the renminbi means an uncertain risk amplification for exporters, it would mean a definite gain for the importing enterprise. Provincial scientific equipment import and export limited liability company is our province precision testing equipment specialized Import company, 2010 years ago 11 months exports to reach more than 50 million U.S. dollars.  General Manager Shei told reporters that, like export orders, import orders for the same period of longer, this year's orders may have been determined last year, the impact of changes in the exchange rate is also obvious. Appreciation favorable Import, from the provincial scientific equipment import and export limited liability company this year's import growth can be clearly seen.  After the 2007 change, the company's annual import size increased from $ more than 30 million trillion to $ more than 50 million in 2009. Of course, for imports, the rise in appreciation is not entirely a delight.  Shei told reporters a small worry, before their company in the bank has a dollar account, always save a certain amount of dollars in the inside, now dare not to save, direct settlement, because the renminbi has been appreciating, the dollar account shrinkage risk too big. Ordinary consumers: Out of the exit are related "to outbound travel, it is certainly beneficial."  "Provincial tourism marketing director Chen Xinan told reporters that the company's outbound travel has been maintained in the two-digit growth over the past few years, although no specific analysis of the contribution of the appreciation of the renminbi, but" is obviously a promotional factor. Chen Xinan said that after the revaluation of the renminbi, the main reduction of two cost, one is the tourists outside the cost of shopping, the second is the cost of the overseas tourism. Ms. Zhang, who works for a trading company in Hangzhou, also told reporters that she had gone to Hong Kong duty-free shops three times this year. In addition to outbound travel, study abroad can directly benefit from the appreciation of the renminbi. According to a study in Ningbo, the number of Chinese study abroad this year will be expected to break 100,000, and the surge in the United States, with relatively relaxed visa policy, but also with the renminbi against the dollar's higher exchange rate has a great relationship. According to the agency's calculations, compared with 2005, in the yuan appreciation of 3% in 2010, the cost of studying abroad can save about 20,000 yuan.

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