Analysis on Financial Strategy Choice of Foreign Trade Enterprises in China to Cope with Exchange Rate Risk

On July 21st, 2005, RMB exchange rate system reform changed into managed floating exchange rate system from fixed exchange rate system. Since then, RMB goes into rising road, and foreign trade enterprises don' t have any advantages, and operation risks increase greatly, needing to seek for new way out. This paper is based on RMB current exchange rate mechanism, taking foreign trade enterprise in China as the research object, starting from enterprise financial link, purchase and sales link, export link, product structure and talent cultivation, analyzing the specific financial strategies adopted by enterprises to cope with foreign exchange risk.