The Research About The Adjustment Of China's Trade Structure By Renminbi Exchange Rate

Along with the Chinese national strength gradually enhancement and the foreign exchange reserve increases largely, as well as the international trade and the international finance environment change, the international society grows to ever greater heights to the Renminbi revaluation call. Since People's Bank of China in July, 2005 announced the Renminbi exchange rate adjustment, the Renminbi already has revalued in two years to 1 US dollar exchanges 7.8 Renminbi, and also has the further revaluation anticipating. Is precisely in this kind of situation, this article has made the brief analysis to our country Renminbi future development and to our country foreign trade influence, and to our country foreign trade structure adjustment put forward some proposals under the Renminbi revaluation condition.This article first to the exchange rate change to the foreign trade influence general rule, the exchange rate change to the foreign trade influence theory summary, the elastic analytic method, the essential factor reported the tax concerned the competitive advantage theory to make the brief elaboration, lays foundation which this article analyzed. Then has mainly analyzed our country Renminbi exchange rate change history, and the reference Japanese Yen development history and the change reason, thought the Renminbi exchange rate has the possibility which continues to revalue. After that has been mainly analyzing our country foreign trade structure including the commodity structure and the geography trade structure evolution situation, our country import and export structure has the very big change in the pastmore than 20 years, the geography trade structure also had the very big adjustment. Direct-viewing looked from the Renminbi exchange rate change chart and the foreign trade structural change chart that, between the two has the correlational dependence. Direct-viewing looked from the Renminbi exchange rate change chart and the foreign trade structural change chart that, between the two has the correlational dependence. Through uses the elastic analytic method to look that, the Renminbi exchange rate change has affected the Chinese foreign trade structure change in an greater degree, mainly displays in the Renminbi revaluation condition to the Chinese commodity import and export structure influence in: The Renminbi revaluation can reduce the Chinese primary product the disbursement, therefore in the Renminbi revaluation overall is advantageous to the primary product import, should strengthen the primary product the import; On the labor-intensive form and the capital crowded product, the revaluation will reduce the exportation the income, the revaluation causes the Chinese import disbursement reduction. In the overall looked that, the Renminbi revaluation is disadvantageous to the labor-intensive product income increase, is advantageous to the Chinese capital crowded product import and export.According to the above analysis result, then the union commodity structure and the geography trade structure relations, this article thought should strengthen the urgent need product in particular primary product like energy, the raw material and the advanced equipment, technical import dynamics, reduces the import cost, simultaneously makes pays attention to the world market price change; The suitable maintenance development labor-intensive form industry exportation, positively vigorously develops the capital crowded product import and export; In in the trade geography structure adjustment, firstly positively strengthens to the peripheral market development, the central Asia Commonwealth of Independent States (CIS)country, then the balance to the main trade partner import and export, reduces the trade friction and the dispute in particular, the third, positively strengthens to Latin American, the African market development and the relation.