The Impact of RMB Exchange Rate Fluctuation on the Export of China’s Mechanical and Electrical Industry
- DOI
- 10.2991/jahp-18.2018.23How to use a DOI?
- Keywords
- RMB exchange rate fluctuation; mechanical and electrical industry; export; influence
- Abstract
Exchange rate fluctuation has an important impact on import and export trade. It can affect the total volume of trade by affecting the price of trade commodity, and also affect the total volume of trade by affecting the change of national income. Electromechanical products are one of the key export commodities in China, and occupy a large proportion in export share. Therefore, studying the impact of exchange rate fluctuations on the export of mechanical and electrical products is of great practical significance. The influence on the theory of RMB exchange rate on export of review and summarize the historical changes of the RMB exchange rate policy and the historical volatility of the RMB exchange rate situation, historical development and the present situation of the export of electromechanical products, from 2006 -2016 years 10 years of monthly data of the RMB exchange rate, Chinese total exports, total exports of electromechanical products, and the mechanical and electrical industry 4 categories of key national export commodities to do empirical analysis, after empirical analysis conclusion this paper put forward relevant proposals of measures to the Chinese government and enterprises when face the RMB exchange rate fluctuations.
- Copyright
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Li Wu PY - 2018/08 DA - 2018/08 TI - The Impact of RMB Exchange Rate Fluctuation on the Export of China’s Mechanical and Electrical Industry BT - Proceedings of the 3rd International Conference on Judicial, Administrative and Humanitarian Problems of State Structures and Economic Subjects (JAHP 2018) PB - Atlantis Press SP - 106 EP - 113 SN - 2352-5398 UR - https://doi.org/10.2991/jahp-18.2018.23 DO - 10.2991/jahp-18.2018.23 ID - Wu2018/08 ER -