虚拟货币对经济的影响英语
digital currency
网络 数字货币; 数位货币; 数码货币; 数据货币;
[例句]COM and NBA team the Sacramento Kings would accept the digital currency as payment.
而最近随着主流电商Overstock.com和美职篮(NBA)的萨克拉门托国王队(Sacramento Kings)公开宣布将接受数字货币作为支付方式,比特币热潮更是达到了顶点。
Virtual currency
[词典] 虚拟货币;
[例句]A virtual currency with no central bank backing and no yield is worse than a casino chip.
没有央行支持、也不产生任何收益的虚拟货币,还不如一个赌场筹码。
Ⅱ 人民币汇率上升对经济的影响用英文怎么说
the effect of the increasing of RMB rating to US dollars
Ⅲ 英文翻译:浅谈人民币汇率波动对我国经济的影响
Talking simply about the influence on Chinese economy caused by the fluctuations of the RMB exchange rate
Ⅳ 虚拟货币是否影响经济生活
什么是虚拟货币?虚拟货币是指非真实的货币。由于互联网社会的发展,而诞生。网络虚拟货币大致可以分为:
第一类是大家熟悉的游戏币。
自从互联网建立起门户和社区、实现游戏联网以来,虚拟货币便有了“金融市场”,玩家之间可以交易游戏币。
第二类是门户网站或者即时通讯工具服务商发行的专用货币,用于购买本网站内的服务。使用最广泛的当属腾讯公司的Q 币,可用来购买会员资格、QQ秀等增值服务。
第三类互联网上的虚拟货币,如比特币(BTC)、莱特货币(LTC)等。主要用于互联网金融投资,也可以作为新式货币直接用于生活中使用。
由以上分类可以看出,不同种类的虚拟货币对我们的经济生活的影响是分领域与人群的。主要是互联网领域内的游戏人群和网络服务使用人群受到的影响最大。
由比特币衍生出的直接用于生活中的功能目前被国家金融管理部门宣布为非法。对人们生活的影响也就归于无形。
Ⅳ 英语作文:货币和经济发展之间的关系是什么
货币流通性的充足是经济发展的前提
但过量就是通货膨胀,物价上升,由于工资的刚性,无法与通胀同步上升,造成实际收入降低,抑制消费,工厂开工少,经济下降
少量的话则是利率上升,企业成本上升,人们工资减少,买不起商品,企业利润减少,恶性循环.
根据历史经验,通胀率在2%~3%是最合适的,既能保证经济增长,又能将通胀控制在人们可接受范围之内.
Ⅵ 求英语论文——关于人民币升值对中国经济的影响
一、人民币升值之利:
人民币升值可能意味着人民币地位的提高,中国经济在世界经济中地位的提升。
1)中国老百姓手中的财富更加值钱,人民币一升值,老百姓手里的钱就更值钱了,中国的人均GDP全球排名也可以往前挪一挪。
2)中国外债压力的减轻和购买力的增强等等。
二:人民币升值之弊:
受人民币升值的影响,中国的经济增长将会放缓。表现在四个方面:
1) 人民币升值会影响到我国外贸和出口。
2) 影响到我国企业和许多产业的综合竞争力
3) 破坏中国经济的长远发展,使我国的金融爆发危机
4) 升值后导致投机不可避免地盛行
三:世人在全球通货紧缩压力面前再次聚焦人民币。
Ⅶ 求一篇英语文章,关于人民币升值对经济发展速度影响的!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.
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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 虚拟货币对传统经济的影响
如果虚拟货币和传统货币能双向自由兑换,则必然会冲击到传统经济。其中包括但不限于洗黑钱,货币政策的执行与调控等。
Ⅸ 英语翻译 虽然人民币升值对我国经济发展短期内会有一些不利影响
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.