High Cost, High Fever And Difficult To Retreat, Exchange Rate Continues To Appreciate, Small And Medium Sized Textile Enterprises Are Approaching "Life And Death Pass".

People in the banking sector say that because of the large fluctuation of exchange rate, the enthusiasm of enterprises to use RMB settlement is increasing. According to the first textile net report, according to the statistics of the Jiaxing central sub branch of the people's Bank of China, from March to 1 this year, the city has accumulated 131 RMB settlement accounts for cross-border trade, with a total value of 1 billion 810 million yuan, exceeding the total amount of 2010.