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.