【正文】 of which are from the processing trade, a very small proportion of hightech products, export products are mostly dependent on lowcostbased price enterprises need to change the thinking, the price bees a quality win to win appreciation of the yuan could to a certain extent, to promote export enterprises to adjust product structure, from production of primary products with low added value to gradually shift production of high technology products, while promoting business technical innovation and management innovation: （ 4） the RMB appreciation on China39。s currency exchange rate makes the country39。s trade surplus to reduce or turn to , since the appreciation of the RMB has 39。s capital flows Capital, including the longterm investment capital and shortterm speculative capital appreciation of the renminbi is significantly influenced by these two kinds of the appreciation of foreign currency converted into an equivalent value of the yuan down, and will enhance our production costs relative to other countries, especially labor costs, investment ine less profitable, leading to foreign direct investment in China will be shortterm capital inflows in general there are two reasons, first, the shortterm interest rates are at a high point, or still higher, the second was about the shortterm exchange rate appreciation, the current domestic existence of an upward trend in interest rates and exchange rates would give rise to shortterm capital is because the appreciation of the renminbi is expected to remain the case, if the appreciation of foreign currency into RMB before, so that investors receive the appreciation and the appreciation of the magnitude corresponding benefitsAfter the shortterm capital inflows will be a substantial flock to stocks and real estate sectors, these capital addition to proceeds from the appreciation of yuan would be valueadded speculative inflows of capital for the purpose of export and trade surplus will lead to overvalued, greater external imbalances. （ 6） RMB appreciation on China39。 the second is that if the imports are intermediate products, it will stimulate an increase in output and thus increase employmentIn general, the currency depreciation would promote job growth, unemployment is down。s foreign trade enterprises ways to deal with the appreciation of yuan Continuing the current US dollar weakness is still the main reason is to accelerate the appreciation of the RMB. Market for the US economy into recession is expected to bee increasingly strong, the Fed may still cut interest rates to stimulate future market risk addition, the subprime crisis, the consequences have not yet fully apparent, which triggered the devaluation of financial assets is still a large number of investors to sell dollardenominated assets, but also the dollar continue to , the yuan39。s to adjust in order to reduce the negative impact of the appreciation of China39。s financial institutions in response to exchange rate risk derivative products fewer choices are available for businesses and foreign currency swaps, forward exchange settlement and sales exchange settlement and sales can be prelock exchange rates to lock in the cost of yuan appreciation to circumvent the risks of its main business of production and longterm enterprises, can greatly reduce the uncertainty caused by exchange rate movements RMB and foreign currency swap transactions in spot foreign exchange trading and reverse bination of longterm foreign exchange trans Business of both import export business, foreign trade enterprise can choose such financial addition, the export enterprises can enter into the contracts used in consultation with the importer against payment at sight letter of credit or receive the payment settlement as early as possible in order to reduce losses caused by appreciation of the , select your billing currency to be flexibleChina39。s cheap exports of the original model presented a challenge . overseas investment, the implementation of 39。 strategy, I am a single channel of the domestic capital investment, capital is not fully utilized, although has a high savings rate, but can not be effectively translated into investment. Yuan appreciation reduced the cost of domestic enterprises to invest overseas, to China39。going global39。s export markets mainly in the United States, Japan, the European Union hold the world39。s response to the pressure of RMB appreciation Suggestions （ 1） following the principle of gradual appreciation of the renminbi, to avoid overshooting the exchange rate Since 2021, the RMB exchange rate against the US dollar dramatically accelerate the pace and keep a record low, and this was acpanied by a continuous increase in trade deficit down trade impact of renminbi appreciation has bee increas