Home / Business / Business Highlights Tools: Save | Print | E-mail | Most Read | Comment
Survey: Impacts of RMB Appreciation Controllable
Adjust font size:

According to a recent survey, nearly 2/3 of companies polled think that although the appreciation of the RMB had an impact on their exports in recent years, these are still under control. Covering 103 export companies in over ten industries, the survey was carried out this July by China Business News to examine the influences that the changing RMB foreign exchange rate would have on the Chinese export trade.

 

Over 1/3 of respondents still see foreign exchange as the biggest factor influencing export while nearly 1/3 of them view it as being the alteration of export tax rebates.

 

Although China has adopted various policies and measures to curb export growth, Chinese exports remain high, climbing 27.6 percent year-on-year by the end of June. This trend shows that Chinese companies still have their competitive advantages and are confident about dealing with RMB appreciation.

For more detials, please read the full story in Chinese. ( http://www.china-cbn.com/s/n/000002/20070727/000000074216.shtml)

(China.org.cn July 27 2007)

Tools: Save | Print | E-mail | Most Read
Comment
Pet Name
Anonymous
China Archives
Related >>
Most Viewed >>

Nov. 1-2 Tianjin World Shipping (China) Summit
Nov. 7-9 Guangzhou Recycling Metals International Forum
Nov. 27-28 Beijing China-EU Summit
Dec. 12-13 Beijing China-US Strategic Economic Dialogue

- Output of Major Industrial Products
- Investment by Various Sectors
- Foreign Direct Investment by Country or Region
- National Price Index
- Value of Major Commodity Import
- Money Supply
- Exchange Rate and Foreign Exchange Reserve
- What does the China-Pakistan Free Trade Agreement cover?
- How to Set up a Foreign Capital Enterprise in China?
- How Does the VAT Works in China?
- How Much RMB or Foreign Currency Can Be Physically Carried Out of or Into China?
- What Is the Electrical Fitting in China?