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The recent depreciation of the US dollar against the yuan central parity against the Ministry of Commerce spokesman issued a statement a few days ago pointed out that the normal case of the RMB exchange rate adjustment, limited impact on foreign trade.The spokesman pointed out that, since the end of last year, the central parity of RMB against the US dollar spot exchange rate between the market and the emergence of large deviations. yiwu city This will improve the RMB exchange rate mechanism quotes, disposable corrected this error. Which is conducive to play to the basic role of the market in the RMB exchange rate formation.

He said that in the background of the global value chain, due to the prevalence of the inter-regional division of labor and lower intra-industry trade, changes in a currency of an economy and its impact on import and export, will fast forward conduction into the economies of other chain devaluation of the pulling effect of export will be assessed, weakened. Yiwu market The offer will improve the RMB exchange rate mechanism, different impact on business is different. China's import and export, as a big country, and the processing trade accounted for a considerable proportion of normal adjustment of RMB exchange rate, foreign trade limited impact.The spokesman also said that China's economy, foreign trade, two-way investment growth in the world's major economies is still one of the highest economic fundamentals determine the value of the RMB exchange rate basically stable center.

The spokesman stressed that the exchange rate ultimately depends on a country's overall international competitiveness. At present, China is speeding up the reform and opening, and actively promote the innovation-driven strategy, Yiwu Futian Market China's economy is to achieve the transformation and upgrading quality and efficiency, to maintain the RMB exchange rate basically stable at a reasonable and balanced level.