Research On Imported Inflation Based On The Exchange Rate Transmission

With the deepening of China’s economic openness,China’s inflation is increasingly vulnerable to international input factors. Inflation and inflation in other countries of the world and the world of basic raw materials prices in China there is no necessary connection? And the ways in which the conduction? Inflation in China has imported features to inspect,will be conducive to China’s relevant departments to properly recognize the situation and take appropriate measures to maintain macroeconomic stability.In this paper,two theoretical models of inflation international transmission analysis, empirical studies of the causes of inflation in China in2012and inflation pathway,that the current round of inflation is imported inflation through import and export trade channels and capital the inflow channels delivered to the domestic. This paper uses monthly data to examine the impact of exchange rate changes on China’s imported inflation from2010to2012,obtained through empirical rate on the reverse of inflation,appreciation of the RMB against the U.S. dollar will weaken the level of inflation in China. Finally,the suggestions to ease China’s imported inflation. Article imported inflation in China reflects China’s economic structure and financial system defects, thus advocated by adjusting the industrial structure,to determine the energy use of medium-and long-term strategies and the strengthening of the main aspects of the management of capital inflows to enhance the economies of its own power to effectively alleviate the adverse impact of imported inflation.