虛擬貨幣對經濟的影響英語
digital currency
網路 數字貨幣; 數位貨幣; 數碼貨幣; 數據貨幣;
[例句]COM and NBA team the Sacramento Kings would accept the digital currency as payment.
而最近隨著主流電商Overstock.com和美職籃(NBA)的薩克拉門托國王隊(Sacramento Kings)公開宣布將接受數字貨幣作為支付方式,比特幣熱潮更是達到了頂點。
Virtual currency
[詞典] 虛擬貨幣;
[例句]A virtual currency with no central bank backing and no yield is worse than a casino chip.
沒有央行支持、也不產生任何收益的虛擬貨幣,還不如一個賭場籌碼。
Ⅱ 人民幣匯率上升對經濟的影響用英文怎麼說
the effect of the increasing of RMB rating to US dollars
Ⅲ 英文翻譯:淺談人民幣匯率波動對我國經濟的影響
Talking simply about the influence on Chinese economy caused by the fluctuations of the RMB exchange rate
Ⅳ 虛擬貨幣是否影響經濟生活
什麼是虛擬貨幣?虛擬貨幣是指非真實的貨幣。由於互聯網社會的發展,而誕生。網路虛擬貨幣大致可以分為:
第一類是大家熟悉的游戲幣。
自從互聯網建立起門戶和社區、實現游戲聯網以來,虛擬貨幣便有了「金融市場」,玩家之間可以交易游戲幣。
第二類是門戶網站或者即時通訊工具服務商發行的專用貨幣,用於購買本網站內的服務。使用最廣泛的當屬騰訊公司的Q 幣,可用來購買會員資格、QQ秀等增值服務。
第三類互聯網上的虛擬貨幣,如比特幣(BTC)、萊特貨幣(LTC)等。主要用於互聯網金融投資,也可以作為新式貨幣直接用於生活中使用。
由以上分類可以看出,不同種類的虛擬貨幣對我們的經濟生活的影響是分領域與人群的。主要是互聯網領域內的游戲人群和網路服務使用人群受到的影響最大。
由比特幣衍生出的直接用於生活中的功能目前被國家金融管理部門宣布為非法。對人們生活的影響也就歸於無形。
Ⅳ 英語作文:貨幣和經濟發展之間的關系是什麼
貨幣流通性的充足是經濟發展的前提
但過量就是通貨膨脹,物價上升,由於工資的剛性,無法與通脹同步上升,造成實際收入降低,抑制消費,工廠開工少,經濟下降
少量的話則是利率上升,企業成本上升,人們工資減少,買不起商品,企業利潤減少,惡性循環.
根據歷史經驗,通脹率在2%~3%是最合適的,既能保證經濟增長,又能將通脹控制在人們可接受范圍之內.
Ⅵ 求英語論文——關於人民幣升值對中國經濟的影響
一、人民幣升值之利:
人民幣升值可能意味著人民幣地位的提高,中國經濟在世界經濟中地位的提升。
1)中國老百姓手中的財富更加值錢,人民幣一升值,老百姓手裡的錢就更值錢了,中國的人均GDP全球排名也可以往前挪一挪。
2)中國外債壓力的減輕和購買力的增強等等。
二:人民幣升值之弊:
受人民幣升值的影響,中國的經濟增長將會放緩。表現在四個方面:
1) 人民幣升值會影響到我國外貿和出口。
2) 影響到我國企業和許多產業的綜合競爭力
3) 破壞中國經濟的長遠發展,使我國的金融爆發危機
4) 升值後導致投機不可避免地盛行
三:世人在全球通貨緊縮壓力面前再次聚焦人民幣。
Ⅶ 求一篇英語文章,關於人民幣升值對經濟發展速度影響的!急用,追加50
RMB Appreciation
The impact of RMB appreciation
As the comprehensive strength of the national economy grows, the Chinese currency, the Renminbi (RMB) began to appreciate. Effects of the RMB's appreciation since July have been felt both domestically and abroad, and will become even more significant with time. China should embrace the new opportunities that appreciation has opened-up and allow more room for the national economy to grow in the process of globalization.
People need to be aware that the appreciation of the RMB may have some less desirable effects on economic growth in the short term. Currently, China's export market still relies heavily on cheap labor to compete in the international market. As its added value is low, the appreciation of the RMB will affect China's export and consequently the overall growth rate of the national economy. However, there are also many positive aspects to the appreciation of the RMB. In the long run, RMB appreciation will generate more development opportunities. People will feel richer, it will improve China's status and influence in the world economy and it will change the commodity structure and the flow of investment. It will also have a significant influence on the structure of domestic proction resources.
First of all, it will accelerate instrial upgrading. In a market economy, the fluctuation of the foreign exchange rate involves the international balance of incomes and expenses and is an important price indicator. The appreciation of the RMB means that the price of various domestic resources, especially land and labor, will go up in relative terms and this will speed up necessary adjustments to the commodity mix and domestic instry. RMB appreciation will graally change the value of the international and domestic markets. Domestic enterprises will rely more on sales to the domestic market so that national economic growth is less dependent on export demand and a more reasonable instrial structure will form.
Secondly, it will promote technical innovation. In many countries, technical innovation relies primarily on a market mechanism which makes good use of price as a lever. China's proction process is enormously costly in terms of resources and energy, and labor is too cheap. The appreciation of the RMB will cause an increase in the domestic prices of such things as land and labor as well stimulate the demand for innovation. Procts for export must rely on technological innovation to be more competitive internationally. In the domestic market, enterprises are also forced to compete through technological innovation. Simply speaking, the appreciation of the RMB will cause the formation of a market environment that is concive to speeding up technological innovation.
Thirdly, the appreciation of the RMB will benefit the people. On the one hand, it will make imported procts relatively cheaper. It will also be cheaper for Chinese to travel abroad. This will increase consumption. On the other hand, it will push up the market price of domestic financial assets, changing the financial market structure. If other conditions don't change, Chinese people will feel richer as the value of their money grows and further stimulates domestic demand. Of greater strategic significance is the fact that the appreciation of the RMB will make the price Chinese labor price higher.
RMB appreciation reflects the success of Chinese economic development after reform and opening up. It is also an important turning point in China's social and economic situation. The downsides to RMB appreciation shouldn't be overemphasized. The fluctuation of the RMB is the result of changes to the current economic structure and will have an important impact on the economic structure of the future. Maintaining the status quo is short-sighted and will harm the long-term interests of China. The best choice is to speed up the transformation of the economic growth mode and adapt to the appreciation of RMB to make the most from the process.
By People's Daily Online; The author, Chen Feixiang, is the Director of the Economic and Financial Deparment of Tongji University.
----------------------------
RMB Appreciation Positive for Economy, Trade
China's long-awaited but unexpected decision to appreciate its currency sent shock waves to the international financial market.
Economists hold that the new RMB rating system will have a positive effect on the country's economy in the long run.
The RMB yuan, which had been pegged to the US dollar for over a decade at a rate of one dollar for 8.27 yuan, began to be traded at 8.11 starting 19:00 Thursday, according to the announcement released by China's central bank, with pegging system being switched to refer to a basket of foreign currencies.
"The 2 percent appreciation of RMB may weaken exports and boost imports," Wang Zhao, a research fellow with State Council Development Research Center Marco-economy Department, said, "in other words, the net exports will see a decline."
However, the move helps China build a healthy and sustainable development structure. The export-oriented policy of RMB being pegged to the US dollar, which made made-in-China commodities less expensive, provoked a series of trade conflicts in the latest years."
Many overseas firms moved to China to take advantage of China's cheap labor force. The appreciation of RMB squeezes the profit margin of labor-intensive and heavily-polluted firms, Wang said.
"For example, some tennis rackets are made of carbonic material, which is heavy-polluted. The appreciation might force these companies to leave China," he said.
"According to the purchasing power parity evaluation, the RMB was really undervalued," said Zhao Yumin, a research fellow on the international market from the Ministry of Commerce. "The appreciation pushes RMB closer to its real value."
"The key factor to a proct is technology instead of foreign exchange rate," Zhao said, " Some low-end procers will be washed out. However, the appreciation will not have much impact on high-end companies."
Foreign manufacturers whose procts target China's market, such as Motorola, would not feel much pressure. Yet those targeting overseas market might need a second thought, Zhao said.
Tang Min, deputy resident representative of the Asia Development Bank's PRC Resident Mission, said the pegging system reform would have a limited effect on foreign trade in the short term.
"The reform indicated that China's foreign exchange system is developing towards a more flexible, mature, and market-oriented direction. Summing up the reform experiences of other developing countries, China should push for the reform slowly to fence off unexpected risks," Tang said.
Tang's remarks were echoed by Zhao Yumin. "The appreciation and reform are a wise decision," she said, "first of all, the appreciation could help rub off trade conflict pressure from China's trade partners. Second, the modest movement of RMB will not result in big fluctuation in the financial market. Third, the pegging reform leaves enough space for the continuous reform on the yuan's rate."
"More importantly, referring to a basket of currencies can hedge off more financial risks than to a single currency," Zhao said.
Ⅷ 虛擬貨幣對傳統經濟的影響
如果虛擬貨幣和傳統貨幣能雙向自由兌換,則必然會沖擊到傳統經濟。其中包括但不限於洗黑錢,貨幣政策的執行與調控等。
Ⅸ 英語翻譯 雖然人民幣升值對我國經濟發展短期內會有一些不利影響
conclusion
Although the appreciation of the renminbi to our country economic development in the short term there will be some adverse effects, the appreciation of the yuan would increase the import of equipment and raw materials in the short term, expand the trade deficit, but in the long run, to improve the economic efficiency of the export sector, promote structural adjustment, improve the export competitiveness, at the same time, the appreciation of the renminbi can rece the cost of imports, to promote domestic enterprises import foreign advanced equipment, technology, etc., which will be concive to upgrading domestic enterprises, also helps to improve the efficiency of domestic enterprises, will eventually reverse the trade deficit with China, so as to improve our country's trade balance. Effectively eliminate the appreciation of the renminbi to the negative impact of the import and export trade in our country needs the joint efforts of all aspects, both to take appropriate measures to prevent the volatility of the yuan to rece the adverse impacts on the import and export trade in our country, and to make full use of small amplitude of appreciation of the yuan to China's foreign trade development. Such as through control the excessive growth of foreign exchange reserves, adjust the trade strategy and optimize the instrial structure in China for further renminbi appreciation, such as stress, avoid the adverse consequences of a large fluctuations.
The appreciation of the renminbi is one of the important problem facing the current government, as a rapid development in our country's economy, if has adopted a policy of invariable fixed exchange rate, which is likely to mean that in graally deviate from the value of money, so for the yuan's exchange rate needs to increase its flexibility, ensure the steady and fast development of China's economic and financial. To strengthen the regulation of the yuan in the international market circulation, accelerate the reform of the banking system, improve the management of the banking system. Also should take advantage of the people's bank of supervision, open market operations and other means, take the regulation of RMB exchange rate changes initiative, on the premise of stability and economic development, allow the yuan to embody its intrinsic value.