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ure, so as to continuously inspire innovation, and innovation. Ultimately to the world-renowned brand. Visible, RMB appreciation for the Chinese enterprises to promote and stimulate its trade structure adjustment independent innovation, to achieve sustainable development has an important meaning.
Third, the RMB appreciation can reduce China's export products have suffered anti-dumping proceedings, easing our country and the major trading partners. For a long time, China's cheap labor-intensive products rely mainly on quantitative expansion to achieve export-oriented strategy, with the price advantage of the rapid occupation of the international labor-intensive industries in the low-end market. According to Commerce Department statistics show that in 2005 U.S. imports of textiles from China 20.779 billion U.S. dollars, accounting for similar products total imports 26.01 percent; footwear amounted to 12.721 billion U.S. dollars, total imports of 70.94%; luggage products amounted to 62.59 billion U.S. dollars, accounting for similar total imports 71.66%; furniture products amounted to 17.055 billion U.S. dollars, total imports of 45.79%; toys and games products amounted to 19.141 billion U.S. dollars, total imports of 78.24%.

Faced with such a high market share will inevitably increase China's trade conflicts with other countries. In recent years, China has been subject to anti-dumping proceedings the world's largest country. Through the appreciation of the renminbi, appropriate to enhance exports foreign currency price, ease of foreign markets for China's export products, including anti-dumping pressure, while appropriate cut foreign exchange retention, export subsidies, trade credit and other aspects of export support policies also help to improve export enterprises own competitiveness . In addition, the RMB appreciation can also increase the domestic price of non-tradables, eliminating tradables and non-tradables relative price distortions in favor of the industry, especially the balanced development of the tertiary industry.

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