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Reasearch on the interaction between exchange rates and Chinese bio-pharmaceutical companies

机译：汇率与中国生物制药公司之间的相互作用研究

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摘要

Biological technology as the key driving force in international science and technology development, it has great strategic significance in solving the problem of population, health, food, energy, environment and other issues, this also makes the biological industry has become the focus of international competition. The resut shows exchange rates that has the important influence to the bio-pharmaceutical companies. In addition, government intervention can not eliminate the macro economic instability phenomena. Because FDI decided by exogenous factors, domestic policy makers can not calculate the right FDI value, so the policy makers in fact neither know, also can't make all kinds of capital flow achieve the right level and thus they can't avoid macroeconomic instability.
机译：生物技术作为国际科学技术发展的主要动力，对解决人口，健康，食品，能源，环境等问题具有重要的战略意义，这也使生物产业成为国际竞争的焦点。 。结果显示汇率对生物制药公司具有重要影响。此外，政府干预不能消除宏观经济不稳定现象。由于外国直接投资是由外在因素决定的，因此国内决策者无法计算出正确的外国直接投资价值，因此决策者实际上既不知道，也无法使各种资本​​流动达到正确的水平，从而无法避免宏观经济的不稳定。 。

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