1. Benefits of RMB appreciation: (1) RMB appreciation may mean the improvement of the status of RMB and China's economy in the world economy. 1) The wealth in the hands of ordinary people in China is more valuable. With the appreciation of RMB, the money in the hands of ordinary people is more valuable, and the global ranking of China's per capita GDP can also move forward. 2) The reduction of China's foreign debt pressure and the enhancement of its purchasing power. 3) It is beneficial to the development of import industry. 2. Disadvantages of RMB appreciation: (1) Affected by RMB appreciation, China's economic growth will slow down. There are three aspects: 1) RMB appreciation will affect China's foreign trade and exports. 2) It will also affect the comprehensive competitiveness of China enterprises and many industries. 3) It will also undermine the long-term development of China's economy and bring China's finance closer to the brink of crisis. 4) In addition, appreciation will inevitably lead to the prevalence of speculation: due to the rapid increase of national wealth expressed in US dollars, the stock market and real estate reached a climax, some "bubbles" further expanded or produced new "bubbles", and polarization continued to expand, which led to the inevitable prevalence of speculation. (5) In addition, there are many disadvantages of RMB appreciation: RMB appreciation will bring greater deflationary pressure to China; The appreciation of RMB will definitely lower the price, because the price of imported goods will fall. The appreciation of RMB will increase employment pressure and worsen the current employment situation: foreign-invested enterprises are an important channel to attract domestic labor, especially now, so the appreciation of RMB will not only affect attracting foreign investment, but also aggravate the current employment situation. The fiscal deficit will increase due to the appreciation of RMB exchange rate, and it will also affect the stability of monetary policy. The appreciation of RMB will cause serious damage to China's advantageous industries. As a developing country, China has the advantage of labor cost. China's labor-intensive export products are easily restricted by anti-dumping measures, and the export situation is not optimistic. At this time, RMB appreciation will worsen the current situation, so RMB appreciation at this time will not only affect attracting foreign investment, but also aggravate the deterioration of the current employment situation. Please refer to /question/2552560.html for more information? fr=qrl3