The Impact of China's Import and Export Commodity Structure on the RMB Exchange Rate
This article conducts a regression analysis on the changes in the proportion of China's monthly imports and exports of primary products to industrial manufactured products from 2020 to 2023,as well as the exchange rate changes of countries with relatively stable monthly currency values.It studies the impact of changes in China's industrial manufactured product imports and exports and primary product imports and exports on the exchange rates of China's major trading partners.Research has found that the ratio of China's industrial finished product exports to primary product exports is positively correlated with the middle exchange rate between the US dollar and the Chinese yuan,while other factors have no significant impact.
China's export commodity structurestructure of imported goods in ChinaRMB central exchange rate
NETL
NSTL
万方数据
