It not only acknowledges the rationalities of RMB exchange rate in special time span but also bravely faces its deficiencies and shortcomings exposing in further development.

• 既看到了其在特定时间段上的合理性，又能正视其在进一步发展中所暴露出的缺陷与不足，并且提出了发展与完善现行的有管理浮动汇率制度的几点设想。