Study On The Impact Of RMB Exchange Rate To Chongqing's Foreign Export Structure Change

With Chinese economy growing at top speed and constant development of the economic globalization, foreign trade has already become an important point of economic increase of China. In foreign trade, the exchange rate is playing an essential role. The change of the exchange rate is influencing production costs of the foreign trade enterprise and trade cost directly. So, the scholars of various countries pay much attention to the research of the relation between exchange rate and trade.Chongqing is regarded as China Midwest only municipality directly under the Central Government and it is the largest industrial and commercial city in the west. Since becoming the municipality directly under the Central Government, its total volume of imports and exports goes up with higher speed. The establishment of the harbour in bond of Chongqing of 2008, will be a great advantage to the foreign trade of Chongqing. Grow at top speed with the economy of Chongqing, the growth by a large margin appears too in the Reer, Fdi is increased progressively year by year too. So, study the impact on change of the real effective exchange rate of RMB to export trade of Chongqing, have realistic meanings. This text is based on economics theory, using the relevant knowledge of statistics and econometrics, and the relation between the change to REER and total export of Chongqing has been launched studying.This text carries on theory analysis at first, and then Constructs models, uses the unit root to examine and Granger causality test.The result of study shows, the impact on the real effective exchange rate and the total volume of trade is not very obvious. But the impact on export structure of Chongqing is obvious. And the real effective exchange rate and export trade volume is a causal relationship. FDI impact on export total volume of trade and trade structure of Chongqing is not obvious. But FDI and total export of Chongqing are the same change direction. The impact on export structure and the real effective exchange rate is obvious. The growth of the real effective exchange rate will optimize the export structure. Causality does not exist in FDI and export structure of Chongqing.Finally, according to the conclusion of analysis finally, put forward the relevant policy recommendations.