The Study On The Relationship Between RMB Exchange Rate Changes And Machinery Trading Industry

In the modern technology and management, mechanical equipment, electrical products refers to the mechanical products, electronic products and machinery integration products and these products, accessories, accessories and other parts. In recent years, with the expansion of the scale of foreign trade and Chinese, China machinery and equipment import and export volume is increasing rapidly. In 2012, machinery and equipment import and export amount is US $16.173 billion; by 2014, machinery and equipment import and export amount is US $19.908 billion, with a growth rate of 23%.Since 2005, the RMB exchange rate reform, the RMB exchange rate fluctuation is more and more higher, the RMB exchange rate against the dollar has risen from 8.1917 in 2005 to 2014 6.1190. The fluctuation of RMB exchange rate affects the scale and structure of foreign trade China. As the first big China foreign trade import and export, import and export of machinery and equipment also has with the RMB exchange rate,which is greatly affected.Based on the above background, this paper is mainly on the RMB exchange rate changes and the relationship between the machinery and equipment import and export of empirical analysis.The study first uses the related literature at home and abroad, combined with a large number of statistical data, the status quo of export trade on China industry machinery and equipment import and introduced in detail. Then, this paper focuses on the analysis of the relationship between RMB exchange rate and mechanical equipment import and export. Finally, taking Aumund Machinery Trading Company as an example, this paper also put forward their own proposals for how to promote the development of China’s machinery and equipment industry.The main conclusions of this study are: firstly, with the appreciation of the RMB, China’s imports of machinery and equipment is increasing, the results of the analysis and prediction of the traditional theory is consistent; secondly, the appreciation of the renminbi, which causes the machinery and equipment exports to reduce, but the appreciation of the renminbi will force enterprises to improve product structure, the introduction of new technology in order to reduce costs, which will lead to the enterprise exports increased, thus the comprehensive point of view, with the appreciation of the renminbi, China machinery and equipment exports can continue to increase.