In recent years, because of the RMB appreciation, China's manufacturing industry is facing a huge crisis. The increasment of domestic costs, relative to developed countries are backward in technology, greatly reducing the international competitiveness of China's manufacturing industry, thereby reducing the scale of exports. Relative to the state-owned enterprises, private enterprises without government support, is more at stake. This systematic analysis the background,reasons and influence on the Manufacturing Industry of appreciation of the RMB,and raise some suggustions against the RMB appreciation and enhance our international competitiveness of private enterprises manufacturing industry.
KEYWORDS:appreciation of the RMB,Zhejiang ,manufacture industry, suggestion