人民币的“对内贬值、对外升值”看似是矛盾的,但是如果我们把视线放到全球历史经验当中,那么就会发现,这几乎是任何一个后起新兴经济体所必须经历的历程。当一个经济体发展到一定阶段后,随着生产效率的不断提高,本币升值成为必然的选择,否则就会加大国际贸易摩擦和社会资源的大量外流,最终制约经济的持续发展。 Renminbi “inward devaluation, outward appreciation” may seem paradoxical, but if we put our attention on global historical experience, we will find that this is almost the same course any emerging economy needs to go through. . When an economy develops to a certain stage, with the continuous improvement of production efficiency, appreciation of the local currency becomes an inevitable choice. Otherwise, international trade frictions and massive outflow of social resources will increase, eventually restricting the sustainable development of the economy.