"Now the RMB appreciation is too fast, we dare not make some bigger orders." this year, the global economic recovery and the gradual increase in foreign orders, this is an exciting thing, but some export enterprises can not be happy.

Export enterprises are now focusing on the exchange rate market every day, besides paying attention to the production and operation of enterprises.

According to the latest data from China foreign exchange trading center, in September 29th, the central parity of RMB against the US dollar was 6.6936 yuan, and then the exchange rate changed to a new high.

Data show that since September, the RMB has risen 1.74% against the US dollar, and has also hit the biggest monthly increase since the reform.

"Now that the exchange rate has changed so much, it may be profitable when signing the bill, but it has become a loss at the time of settlement."

Many business owners say frankly.

In September 29th, the US House of Representatives passed the "fair trade act on monetary reform", aiming to impose special tariffs on countries that underestimate the exchange rate of their currencies.

The bill may open the door to countervailing actions by Chinese industries or enterprises on the basis of the so-called RMB undervaluation.

On the issue of RMB exchange rate, China is receiving international attention.

After the RMB enters a revaluation channel, the central bank currency

Teng Tai, chief economist of Minsheng securities, said: "the tolerance of the monetary authorities to appreciation will gradually expand, and the tolerance of the export decline brought by the appreciation of the renminbi will also gradually expand."

According to tengtai, by the end of 2010, the yuan will rise to 1:6.5 against the US dollar, which means that there will be a 3% appreciation in the fourth quarter.

Goldman Sachs predicted that the renminbi would appreciate by 5% in the next 12 months.

Some small and medium-sized enterprises can not escape the fate of bankruptcy.

The continued appreciation of RMB is more unfavorable to export enterprises.

Especially for textile and garment industries with strong export dependence and low profit margins, the damage is particularly strong.

The appreciation of RMB will weaken the comparative advantage of our textile and clothing products and reduce the competitiveness of our products.

In particular, clothing products are at the end of the industrial chain, so the garment industry will be affected by the appreciation first and Pyramid radiation. Most of the labor intensive enterprises with low added value at the grass-roots level are the most affected.

In this case, after the appreciation of the renminbi, some of the export products may be sold to the domestic market, and will also aggravate the competition in the domestic market.

Therefore, the textile industry has become one of the industries that are expected to be negatively affected by the revaluation.

"For garment enterprises, the most worry is the appreciation of the renminbi."

He said, "China's textile industry, generally speaking, the current product profit is about 5%, which is still relatively good, most of which can be controlled at 3%.