Influence of RMB Appreciation on Different Import Subjects of Agricultural Products

Taking the monthly data from July, 2005 to April 2008 as a specimen period, this paper uses panel data model to analyze the influences of RMB revaluation on import value of agricultural products of China´s different import subjects. Demonstration result indicates that the economic growth of China stimulates the increasing of agricultural imports of the main import subjects; appreciation of real effective exchange rate of RMB also stimulates other import subjects importing more agricultural products except for collectively-owned enterprises.