RMB Appreciation State Coping Strategies Of Research

International monetary system evolution roughly experienced gold standard system, gold exchange standard system, the bretton woods system and Jamaica system, international monetary system in each period of the exchange rate theories include mainstream international lending said, purchasing power parity says, interest rate parity says and asset markets said. Based on the above theory base, comparative analysis in Germany and Japan, economic development process in the exchange rate policy changes. facilitate the discussion of China's road to RMB exchange rate reform. Japan and Germany after world war ii from almost the same started, experiencing the zero the rapid economic development, and to promote economic growth and export trade with the United States respectively created different degree of trade friction, different industries by exchange rate appreciation pressure. Japan and Germany, generating strategies differ widely divergent, also the economic consequences of economic turmoil in Japan after a recession, but in Germany, realize the economic moderate growth. Focus on China, economic growth and sustainable development in the stage, we also face currency appreciation pressure. Reviews China's exchange rate system reform and exchange rate policy change history, from 1994 our overall establish market operating mechanism, execute the RMB exchange rate axle. pegged to the dollar exchange rate system, by 2005 the RMB exchange rate system reform, with reference to a basket of currencies; The renminbi from 2007 to cope with western financial crisis, to financial crisis era,2010 China to promote the reform of RMB formation mechanism, to reference to a basket of currencies, introducing two-way floating mechanism, enhance the flexibility of the exchange rate. At present, the sine-us exchange rate problems are becoming serious, the United States tries to global imbalances to China, the responsibility of the reasons for the rising unemployment attributed to the china-us trade. accused yuan is undervalued lead to commodity price cheap that occupy the American market, and Italy will China as currency manipulator. these undoubtedly give enormous RMB appreciation. Meanwnile, the global economic recovery, our country economy operation step by step. stabilize the exchange rate reform again and ripe, it is necessary to further promote the reform of the RMB exchange rate mechanism, strengthen the RMB exchange rate flexibility. Based on this background, the thesis illustrates the postwar Japan and Germany currency changes in the current historical experience of international and domestic politics, economic situation, with RMB appreciation, our country should insist on cannot give up monetary policy independence:With domestic price stability and curb inflation for primary objectives:Keep reserves in order to realize its value:Promote regional alliance mechanism establishment and gradually realize regional economic, trade, investment and monetary integration; Improve the credibility of the yuan of RMB. expand the international force; Effective use of foreign capital, to accelerate the industrial upgrading, expanding domestic demand and transform the pattern of economic development.