Interest Rate Marketization And RMB Exchange Rate System Reform On Chinese Macro Economy And The Impact Of Countermeasures

The realization of the interest marketization and the reform of RMB exchange rate is currently the key of economies to achieve financial reform and system reform.The reform will make a deep and huge influence on a variety of financial institutions which in the country's financial system,especially many aspects of banks.The influence will make a good regulation for the evolution of financial institutions and the better liberalization of the market competition.Since the 1980 s,the developed economies have begun the market-based reform of interest rates.With the former experience accumulated,some developed countries want to make further transformation of economic development and industrial upgrade in a free form.In 1996,China began the market-oriented interest rate reform,which adopted is the method of gradual progress.In the process of marketization of interest rate,the environment of financial institutions and enterprises in our country has changed step by step.The changes promoted the innovation of financial institutions and enterprises in China and improved the competitive power of our country greatly.In the process of marketization of interest rate,the enterprise business environment and management methods of financial institutions and enterprise in our country has change largely.Moreover,interest marketization will make our financial institutions and enterprises in the face of fiercer market competition.This article analyzes theoretical knowledge and mathematical model which relevant to interest marketization and the experience of other countries to promote interest marketization.Through the study,interest marketization will make a huge influence on our country's financial institutions and companies.This article has made some countermeasures and suggestions to our financial institutions and enterprises in interest marketization and RMB exchange rate reform.Since 2007 outbreak of the subprime crisis of the United States,the global economic downturn continues,Chinese current economic growth decline,the contradiction in China and abroad become obviously,Chinese currency is facing great pressure whether in the short or long term,this is bound to have a significant impact on the development of our economy and finance,especially export-oriented enterprises.The micro level,the RMB exchange rate fluctuations will directly affect not only the prices of the goods in China and abroad but also the international competitiveness of Chinese export commodities,the result is unfavorable to the export of export-oriented enterprises in our country.Macro level,the RMB exchange rate fluctuations will hinder the good momentum of economic recovery and the fluctuations may shake the world's manufacturing center position of our country indirectly influence the development of our export-oriented enterprises.So how to avoid disadvantages,the challenge is the conception.