Rapid Economic Development Process In The Renminbi Exchange Rate Research

Along with our country economy quick development, the RMB naturally meet the pressure of revaluation, the RMB exchange rate must carry on the adjustment inevitably along with this tendency. Therefore,How should we to successfully cope with the pressure of exchange rate revaluation in the our country quick development process but not to affect the economical health development, this has become the matter of concern we must to focus on. Look from the international experience, two quite similar cases are 20th century 70's later Germany and the Japanese exchange rate reform, in the quick development process, Both countries all meet the question of the exchange rate long-term revaluation, How from German and Japan case find the experience and the lesson and provide the enlightenment for the present China to deal with the exchange rate revaluation pressure, this is similarly very important. This article divides into five parts to elaborate these questions.The first part is the theory part. This part mainly analyze the exchange rate related concept, the Western related exchange rate decision theory and the influence exchange rate change primary factor, finally, from the theory point of view, analyze the exchange rate adjustment possibly to be able the influence which produced to a country economy.The second part review Germany and Japanese exchange rate change course and analyze Germany and Japan difference countermeasure which deal with the exchange rate revaluation pressure; finally, summarize Germany and Japan has the model significance experience and the lesson in the exchange rate revaluation process to China.Third part introduce that the RMB exchange rate historical change and the RMB revaluation pressure. In this part, firstly reviewed the RMB exchange rate historical change, then analyze the domestic and overseas revaluation pressure origin of our country in the quick development process.The fourth part is about the RMB revaluation to our country economy influence. This part mainly is embarks from our country's special details to analyze the RMB exchange rate adjustment possibly to brought our country's the income and cost, and think the exchange rate adjustment is more advantage than the shortcoming to our country economy influence.The fifth part is the countermeasure part. In order to succeed to deal with the RMB exchange rate revaluation pressure, we must have to adjust our current exchange rate level moderately, simultaneously must take the measure to change the unilateral revaluation to anticipate. In addition, avoids the wrong countermeasure, improvement exchange control system,Creates the condition to speed up the RMB to be convertible currencies.