As we all know, the current trade situation in China, whether it is the rise of raw materials, or foreign trade barriers, coupled with the global impact of the US subprime mortgage crisis, has caused a significant reduction in the orders of our domestic foreign trade enterprises! Moreover, the continued depreciation of the US dollar and the relative appreciation of the RMB have further worsened China's export trade!

This should be that the RMB is close to the daily limit for four consecutive days, which has continued the consistency of several export tax rebate upward adjustment policies! For export enterprises, its positive nature is far better than raising export tax rebates many times. Under the global crisis, governments can only hope to stimulate domestic demand. At present, China is relatively stable in all aspects, so it is necessary to make timely and appropriate adjustments to its exchange rate policy. As long as it is not so big as to cause a large outflow of funds, there will be few voices of opposition. Now the combination of monetary policy, fiscal policy, industrial policy and exchange rate policy is undoubtedly a very positive signal to the real economy and capital market. Therefore, we have reason to believe that the stabilization and recovery speed of China's economy may exceed market expectations, and the medium-term prospects are beginning to look optimistic.