Chen Jian said that China's exchange rate formation system has started from 2005 and has basically formed a floating exchange rate formation mechanism. Despite the financial crisis, starting from June this year, we further promoted the reform of the RMB exchange rate formation mechanism. This exchange rate formation mechanism is adjusted on a controlled and gradual basis. It is an exchange rate policy produced by the Chinese government based on its economic development level and the international economic situation.
Chen Jian said that we have seen a relatively large change in our exchange rate during the reform and promotion process of the exchange rate formation mechanism. Since the exchange reform in 2005, the renminbi has accumulatively increased its value to 24.1%. After the exchange reform, we saw that on the one hand, the appreciation of the renminbi, this appreciation is determined by the Chinese government based on the comprehensive consideration of the situation of the renminbi. However, we also saw that the volatility of the central parity of the RMB exchange rate has increased significantly, and the flexibility of the exchange rate has increased significantly. The mechanism reform of exchange rate formation is indeed steadily advancing. On the one hand, the exchange rate is fluctuating, but the mechanism of formation is more flexible. The currency has undergone changes in various economic factors, and its carrying capacity has increased. This is the purpose of the government to achieve exchange rate reform.
Chen Jian said that of course we can see that the appreciation of the Chinese renminbi is not completely comparable to its own. There are also some reference factors in it. For example, after the financial crisis, trade protectionism in various countries has risen, and some countries are competing for money. Depreciation, this will set off the appreciation of the renminbi, which may not be so large under normal circumstances.
Regarding the relationship between the exchange rate issue and current foreign investment and trade investment, Chen Jian said that we should convert the negative effects it may have on foreign trade investment to a minimum. For example, some products are not easy to export due to appreciation, and it is necessary to accelerate the adjustment of the structure. For the promotion of foreign investment, its positive effect we try to enlarge it. The development of China's foreign investment will definitely have a positive impact on China's economy and the world economy.
Advantages of LED Grow Light for Marijuana
Long lifetime
Recommended useful lifetime of 50, 000 hours for LED lights the equivalent of
burning a light for 18 hours A day, 365 days a year for seven years and seven months.
Energy efficient
Save 70~85% on power than HID lighting, no need extra blowers and Air conditioning systems for cooling.
Better for plant growth
Plants can use nearly all of the light emitted from LED Lights.
Only about 35% of the light generated by metal halide lamps is useful for plant growth.
Low heat output
LED lights produce very little heat.thermalelectric separation technology and modular fans can control the generated heat amount to be a very low extent.
Features
Deep penetration : Good lighting penetration , can penetrate to the deep of the plants
Modular Internal Build: Fully upgradable, easy warranties
Thermal Management: Custom copper core heatsinks quickly dissipates heat for cool operating temperatures
Powerful: 2nd Generation ultra penetration 5W LEDs light deep into the canopy
Versatile: Power cord available in 85~265V and international plugs
Lighter weight: Much lighter than the same products in the marketplace, safer for hanging .
Plants: Suitable for both vegetative phrase and flowering phrase
Item Display
What is Full spectrum led chip ?
It is the newest trend for indoor plants. Advanced LED Grow Lights chip,not provide sigle color ,provide broad spectrum 400nm~840nm,simialr with sun light ,but most is red and blue,it is best for plant grow.This is a revolutionary step for Grow light which have previously been unable to act as the sole light source for the indoor garden.Suitable for all stages of plant growth.
Advtanges:
Upgraded Epistar chips,High Lumen,High penetration.
Plug with listed certificate safe to use.
The Plug you can choose
Ageing Test
Our Quality Control systems

Package
Application: Greenhouse, Hydroponics, Aeroponics, Home Garden, Farm, Vegetable Shed, Botanic Garden, Flower Exhibitions, Horticulture, Hydroponics, Hemp Cultivations , Medical Plants Cultivations, etc.
Warnings:
1.lndoor use only.
2.To avoid being damaged,do not use water or drip irrigation while using.
3.Sunshine lighting time should be 12-18 hours.
4.While irradiating the plants,the height of led grow lamp is not less than 10 inches,
low height will cause the destruction of plants.
5.Highly hang the lamp will weaken the energy and affect the growth cycle of the
plants, so the lamp should not be hung too high.
6.While taking care of the plants, please spray the leaves and branches 2-3 times everyday,
to ensure the the plants do not wrinkle a wither, and have no phenomenon of few fruit, and
hard pericarp.
Our Company
Trade Terms
Payment: T/T, L/C, Paypal, 30% deposits before production, 70% balance to be paid before deliverying(Western Union are welcome)
Sample will be delivered within 7 working days.
Discounts are offered based on order quanlityes.
MOQ:sample order are acceptable
Delivery ways:DHL,UPS,FedEx,TNT, door to door,by sea,by air,etc.
Professional dedicated to Research, Development, Design, Manufacture of Innovative, Intelligent control and high efficiency LED grow lighting for modern agriculture,Marijuana,greenhouse,hydroponics, etc.
Large Capacity Led Grow Light,Led Grow Light For Plant Growing,Led Plant Grow Light,Cob Led Plant Grow Light
Shenzhen Phlizon Technology Co.,Ltd. , https://www.szledaquariumlight.com