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An Empirical Study of Impact of RMB Exchange Rate on China’s Export Trade: On the Basis of Panel Data of Export-Oriented Regions and Industries
Pages: 30-38
Year: Issue:  6
Journal: Humanities & Social Sciences Journal of Hainan University

Keyword:  export-oriented regionexport-oriented industryRMB exchange rateexport trade;
Abstract: In terms of the impact of RMB real effective exchange rate on export trade of China’s export-oriented economy,the paper theoretically carries out an empirical research of panel data of actual economy in China’s export-oriented regions from 2000 to 2013 and those industries from 2003 to 2011. The empirical result shows that the export trade scale of China’s export-oriented regions and industries decreases as RMB real effective exchange rate rises,which is consistent with the conclusion of theoretical analysis. With the significant impact of export trade on the high-speed and steady development of China’s economy,efforts should be made for the stability of exchange rates and increase of external demands so as to guarantee the sustainable and steady development of China’s export-oriented economy.
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