Exchange Rate Changes On Chinese Exports To Kazakhstan Effects Of Structure

Most of China’s long-term export trade goods belong to the low value-added products, low technology content, in the industry chain downstream, to change this state, we must optimize the structure of export commodities, improve the export of high value-added products trade volume accounted for the proportion of export trade, and the RMB exchange rate system reform since 2005, RMB exchange rate into a rapid appreciation of the RMB exchange rate appreciation period, then what specific impact on the trade structure of export commodities? Influence degree how? To optimize the commodity structure? At present, one of the important contents of exchange rate policy and trade policy is to reveal the changes of exchange rate on trade structure of export commodities specific influence degree.This article mainly through the method of theoretical and Empirical Study of exchange rate changes on the impact of the export commodity structure, theory is theory of elasticity including Marshall Lerner condition, the J curve effects, analysis of the influence of the structure of export commodities subject to exchange rate changes in the elastic theory basis, draw in the face of exchange rate appreciation, take the profit as the goal of maximizing firms will take capital and technology resources allocation in more technology intensive industry and capital intensive industry, so as to increase the technology intensive products and capital intensive products production scale, increase their exports, but to reallocate resources is a long-term process, so in the long term, exchange rate appreciation plays a very important role in optimizing the export commodity structure. The empirical aspect, the Chinese to Kazakhstan export goods into the technology intensive products, capital intensive products, labor-intensive products, natural resource intensive products, according to the study China export commodity structure to Kazakhstan in the technology intensive products, capital intensive products, labor-intensive products and natural resource intensive products are affected by exchange rate movements, through empirical cointegration analysis, Grainger causality test, finally come to the conclusion of the study: the appreciation of the RMB exchange rate will improve the technology intensive products export trade in China on the total amount of export commodities in the proportion of Kazakhstan, will reduce the natural resource intensive products export trade in Chinese on total Kazakhstan exports proportion, finally draw the conclusion that the long term, the appreciation of the RMB exchange rate on the China Kazakhstan on Optimization of export commodity structure plays a role in promoting. Finally put forward the policy recommendations to promote the optimization of the structure of export commodities of our country foreign, including the need to deepen people’s exchange rate regime and keep the RMB exchange rate appreciation in an appropriate construction, speed up the transformation of labor intensive industry, and guide enterprises to export products with high added value and so on the policy suggestion.