According to the statistics from the People's Bank of China, the annual appreciation of Renminbi was 3% in 2013, it was 3 times higher than 2012. ANBOUND think tank scholars believe that RMB exchange rate against US Dollar is unlikely continue to appreciate in 2014 and also impossible to go beyond 5%. Overall, China’s economic is expected to grow at 7% in 2014 meanwhile RMB exchange rate against US Dollars will maintain around 6 without major fluctuations. It will be an acceptable "equilibrium" state.