Abstract：The RMB exchange rate has been in the upward trend from July 21, 2005, Traditional economic theory suggests that the monetary exchange rate changes of a country will bring a bad impact on their export trade. Therefore, people always think that the RMB appreciation will bring the disadvantage influence on Chinese exports. However, it is unexpected that China's export trade didn’t have much negative influence for the RMB appreciation, it still keeps growing trend. This phenomenon shows that, these traditional economic theories were different from the reality. We will be more easily to deal with the pressure of RMB appreciation, moreover，we can promote the reform of RMB exchange rate system and handle the relationship between reform of RMB exchange rate and the balance of foreign trade if we can find out the specific impact of RMB appreciation on China’s export trade. It has a great significance. I will analysis the influence of RMB appreciation on China's export trade from prices, competitiveness, as well as the industry. And then, I will propose the appropriate policy recommendations.
Key Words：RMB appreciation, Export trade, Competitiveness