【正文】 ore the better it will reduce production costs, improving product appreciation is also really beneficial to China39。s modity prices in foreign currencies marked change, places yuan marked prices, in this case, although China39。s Economy (1) The appreciation of the renminbi reduces the profitability of China39。s continued rapid economic growth laid the economic foundation of the RMB exchange rate. Moreover, the United States spreads upside down has further boosted the yuan 39。double surplus39。s current account deficit in the state, but also to the Japanese domestic market has brought the threat of , Japan strongly want to change the yuan revaluation of the domestic economy continues to slump and the decline in international petitiveness of the again, the pressure from the European continuing depreciation of dollar against the euro makes the link with the devaluation of the yuan against the euro, is also relatively recent years, ChinaEU trade continued to grow, the depreciation of the renminbi against the euro, European panies in China led to the rising costs of goods, business loss, then Canada, the European Union and other countries and regions have to revalue its currency in order to take some of the effects of dollar depreciation. （ 2） the internal causes of the appreciation of yuan First of all, China39。s economy and international interests of all economies is closely related to Caused by the yuan appreciation are also external factors, both internal and therefore a variety of measures to be taken and requested the coordination of the main stakeholders in order to cope with the impact of the appreciation. This paper analyzes the causes and impact of RMB appreciation that the appreciation should seize the opportunities and to actively respond to challenges, to avoid sharp fluctuations in the Chinese economy. 一 .An appreciation of the renminbi because （ 1） .An appreciation of the yuan external causes First, the RMB revaluation pressure from the United States. The US government believes that the longterm SinoUS trade surplus with the US dollar and China39。 RMB appreciation Abstract: At present, the RMB39。s appreciation has attracted wide attention because exchange rate movements on the impact of a country39。s pegged exchange rate policies, the depreciation of the dollar can be put into the role of trade, but to make Chinese products more petitive, there is an urgent demand appreciation of the , the US trade deficit is determined by its sharp increase in foreign direct investment is too large, personal consumption expenditures is much higher than savings, and so a variety of factors, appreciation of the renminbi alone could not rescue its economy , the pressure from Japan. 90 years since the Japanese economy has entered a long period of depression, inexpensive Chinese products in the Japanese market share rising, the Japanese government that the low prices of Chinese goods to foreign sales, not only Japan39。s capital projects and current 39。 led to the huge foreign exchange reserves are the most important internal reason for the yuan appreciation. Second, China39。s current excess liquidity there and asset prices, inflation rates remained high, the central bank needs to tighten moary policy to deal with these issues, including improving the RMB deposit and lending , the US interest rate cut in a row after the rate cut is still possible, the situation of SinoUS spreads upside down from the United States makes a large number of shortterm capital outflows are more likely to flow into China, causing upward pressure to the yuan. 二 the RMB appreciation on China39。s export products Yuan revaluation, if China39。s exports will not be affected, but the corporate profit margins will the price of the RMB marked change, places mark up the price of foreign currency, China39。s enterprises to import advanced equipment, the introduction of the scarcity of technological achievements, and the promotion of enterprise products upgrading and improve productivity. An increase in imports in the short term may lead trade deficit, but in the long run, the survival of the fittest caused by appreciation of the renminbi and the reallocation of resources will play an adjustment of trade, export structure, promote industrial upgrading Chinese enterprises to go global, improve trade structure and opportunities. (3) The appreciation of the renminbi to promote enterprise product upgrades Appreciation of the RMB to bring pressure for export enterprises and enhance their own petitiveness of its order to reduce the adverse impact of the appreciationAlthough China has an export trading , the structure of export products is still dominated by laborintensive, capitalintensive products, most