By utilizing model of dynamic adjustment, we construct foreign exchange reserve equation to judge whether foreign exchange reserve is adequate or surplus.
在此基础上利用动态调整模型确定我国的外汇储备需求方程，并依此来判断我国所持有的外汇储备规模。
The adjustment of the exchange rate of RMB should be an active one initiated by China on the basis of its own interest, not a passive one as a result of submission to foreign pressures.
人民币汇率调整应该基于中国利益主动调整，不能迫于外国压力，被动调整。
And the foreign exchange rate serves as a state policy tool exert a significant impact of the adjustment on the export trade.
而外汇汇率作为国家政策工具，对出口贸易有极大的调节作用。
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