中文摘要：

本币升值可通过实体经济、虚拟经济以及货币政策三个途径影响一国的国内价格；本币升值通过国内物价影响经济稳定存在一个正反馈机制；从短期来看，人民币升值不仅不能抑制国内物价上涨，还可能推动国内物价的上涨。

英文摘要：

Domestic currency appreciation affects a country＇s domestic price in three paths： the fictitious economy, the real economy and the monetary policy; there is a positive feedback mechanism lies in the transmission mechanism in which domestic currency appreciation impacts economic stability through domestic price; in the short term, RMB appreciation couldn＇t restrain domestic inflation, instead, it may stimulate domestic price＇s increase.