Exchange Rate Preference,Lobbying Competition and Assessment of Sectors' Influence on China's Exchange Rate Policy
从新政治经济学视角，分析中国农业、制造业、服务业和银行业等主要部门的汇率偏好，通过理论模型证明产业利益集团有动机游说竞争以影响汇率政策，并评估发现制造业的实际影响力最大。
The new political economy believes that the formation of one public policy is the outcome of competition among interest groups.This paper introduces the thought into the field of exchange rate policy.It outlines the sectoral preference of exchange rate of China's main sectors,such as agriculture,manufacturing,service and banking industry.Further theoretic model analysis proves that industrial interest groups may have incentives to compete with each other to shape China's exchange rate policy.Moreover,this paper also objectively assesses the real influence of these sectors on China's exchange rate policy,finding that manufacturing industry plays a larger role than other sectors.