Experts say that the basic stability of the exchange rate of the Renminbi has a solid foundation.

Experts believe that, driven by factors such as stable macroeconomic operations in China and policy measures to prevent exchange rate fluctuations, the renminbi exchange rate is maintaining basic stability at a reasonable and balanced level with a solid foundation. Wang Qing, Chief Macro Analyst of Orient Securities, predicts that after the May Day holiday this year, the onshore renminbi to US dollar exchange rate is expected to see a rebound.