Wenzhou Government's Countermeasures To Promote Export Trade Under The RMB Appreciation

On July 21,2005, China implemented adjusted and managed floating exchange regime on the basis of market supply and demand, with reference "to a basket of currencies". RMB has faced the pressure on the appreciation. RMB against the dollar, after break "8" and "7", continue to rise. Under the background of the continued appreciation in RMB, China's trade export enterprises will inevitably affected. Wenzhou region is China's reform and open policy's forward-edge place. Wenzhou-model is to develop private economy. Its trade form is mainly by import and export trade. Wenzhou is susceptible to effected by RMB appreciation. In this background, this paper firstly summarized the trade export's overall situation and characteristic in Wenzhou foreign. Based on these, it analyzed the impact of RMB appreciation to enterprise in Wenzhou, and analyzed the export enterprise's measures to deal with RMB appreciation and its policy environment. Finally this paper put forward some policy design for Wenzhou government in order to promote the enterprise export further in the future.