The role of the recent steady appreciation of the RMB exchange rate in Shandong Sanxiang stone crusher mills machine factory:
Recently, due to the support of various favorable factors, the appreciation trend of the RMB exchange rate is obvious, and it has returned to the era of 7, maintaining around 7.16. Looking at other currencies around the world, there is also a general appreciation phenomenon, mainly because the appreciation of the US dollar was mainly caused by the strong interest rate hike policy of the US government. With the weakening of the Federal Reserve's interest rate hike expectation, the currencies of all countries in the world generally ushered in a rebound against the US dollar.
One of the main reasons for the appreciation of the domestic RMB is the recent change in the domestic epidemic prevention and control policy, and the focus of work has shifted to economic construction. At present, the momentum of economic recovery across the country is obvious, which undoubtedly plays a positive role in pulling the exchange rate and enhancing the confidence of foreign countries to buy RMB as foreign exchange reserves.
Before the US dollar continued to increase interest rates strongly, mainly in response to its domestic serious inflation, and there is no basis for the real economy. With the recent domestic inflation rate in the United States gradually under control, the Federal Reserve's willingness to continue to raise interest rates is not so strong, and the world economy has ushered in a rare respite.
But it would be wrong to be overly optimistic about the current economic situation, based solely on the recent rise in the yuan's exchange rate against the dollar. We also need to be fully aware of the difficulty and difficulty of economic recovery, because after three years of the epidemic, not only domestic and foreign economies have been hit hard, we should also see that regional conflicts such as the Russia-Ukraine conflict and other destabilizing factors still exist, and the overall economic recovery is still a long way to go.
At present, the overall pull of the domestic economy GDP still basically depends on the basic investment of the state, although there is a certain improvement in foreign trade exports, but the road ahead is long and difficult. We must continue to focus on the domestic economic cycle and the construction of the Belt and Road, and do our utmost to achieve the healthy and stable operation of the domestic and external economic cycle.
Another driver of economic development is household consumption, although the epidemic prevention and control has been liberalized, but consumption has not been much improved. The rich class is not short of money, this time generally can not move around, online consumption makes it more convenient for them to purchase materials. When the expected benefits are not clear, ordinary people will also tighten their spending and save all unnecessary expenses. From the perspective of social activities in the past few days, many ordinary people in addition to buying the necessary epidemic prevention drugs are more active, and there are not many active consumption in society, which fully shows that the general public still has concerns about the new coronavirus. How to mobilize the consumer sentiment of the majority of grassroots people, stabilize their basic income, boost their consumer confidence, and further activate the economic activities of the whole society, I feel that should be the focus of the next work.
Shandong Sanxiang Heavy Industry Co., Ltd. in this year, the export of stone crusher mills products is inevitably affected by frequent fluctuations in foreign trade exchange rates, but the overall is still within the controllable range. Now is the era of global economic integration, every country and enterprise involved in the prosperity of one, one loss, we should continue to work hard to develop their comprehensive strength, increase their ability to withstand risks.
This year is a memorable year in the history of Shandong Sanxiang stone crusher mills machine plant foreign trade development, the company from the end of last year to develop a new foreign trade development strategy concept has been effectively implemented this year. With the establishment of stone crusher mills machine offices in Indonesia and Rwanda. As well as the site selection activities that Brazil is investigating, the original foreign trade has basically formed, and has achieved good results.
In the face of the recent steady appreciation of the RMB exchange rate, if we want to depreciate the RMB before, we should maintain a normal heart, respond to all changes with no change, and do our own work is still the first. At any time, we can not be too ecstatic to achieve results, nor can we complain about temporary economic losses, do our own work, strive to improve the quality of products, maintain good customers, is the top priority of our work.
To sum up: in the face of the recent appreciation of the RMB, Shandong Sanxiang Heavy Industry Co., Ltd. must see the nature of the development of things through the surface phenomenon, and always maintain a normal heart in the face of economic development. In addition, Shandong Sanxiang stone crusher mills machine factory's "honest and trustworthy" business philosophy is the only magic weapon for us to overcome all difficulties, the more difficult times, we must adhere to their own ethics.

Remak:Shandong Sanxiang Heavy Industry Co., Ltd.(As a stone crusher plant) specializes in the crusher industry and has achieved notable accomplishments in both soft and hard rock crushing mills domains. The factory is a stone crusher mill manufacturer and sopplier from Shandong province China,with the best stone crusher mills quality and price for you.We can accept the MOQ order as 1 set,and the delivery time is 15days after we confirm customer order.Beginning with the hammer crusher mills, they have successfully developed a comprehensive range of crushing machinery and equipment, including hydraulic double roll sand-making mills machines, rod mill sand-making mills machines, roller (grinding) sand-making machines, jaw crusher mills, impact crusher mills, double roll crusher mills, strong impact crusher ,mills, reversible strong impact crusher mills, mobile crusher mill station,vibrating feeders, circular vibrating screens, low-oil vibrating screens, triple shaft elliptical screens, and hydraulic cone crushers. The company also offers sales of accessories such as high-chromium alloy hammerheads and wear-resistant leakage plates.