This is a good thing. Central bank leaders who did not dare to appreciate before said that appreciation is a good thing, not to mention ordinary people. For ordinary people, it suddenly becomes cheaper for us to buy imported products. The appreciation of RMB is equivalent to the value of foreign currency, so it is cheaper for us to buy things imported from abroad. If we go abroad to exchange RMB for foreign currency, it will be cost-effective. Things people want to buy, such as cars, cosmetics, or other things that need to be imported through foreign exchange, are very cheap. Even our mobile phones, computers, and spare parts technologies involved are related to the prices we import. Therefore, with the appreciation of RMB, everything imported may become cheaper. Broadly speaking, our construction investment, steel, iron ore, raw materials, chemical products, etc. , is a lot. After the cost of raw materials is reduced, our goods will be cheaper, which is the most important reason. Relatively speaking, we can enjoy the benefits of advanced technology, declining products and falling prices in the world.

On the other hand, we may be adversely affected. For example, after the appreciation of RMB, our export price will rise and the competitiveness of exports will weaken. The interests or income of some people engaged in the export industry may be affected, but not necessarily, because this can be solved by strengthening management and improving management. In addition, if the quality of your products is very high, or by improving the quality of your products, you can still get more profits at a higher price. Therefore, if this problem is solved and the adverse effects of exports are solved, then the advantages of RMB appreciation will basically outweigh the disadvantages.