第 2 篇   Passage 2
Read and interpret the following passage from Chinese into English:

    至于你提到的汇率问题，中国实行的是根据市场需求变化、有管理的浮动汇率。从1994年汇率并轨到现在，人民币汇率并不是一成不变的。人民币兑美元的实际汇率，到去年底升值了18％，对欧元升值了39％。我们将继续探索和完善汇率形成的机制。人民币的强劲和稳定不仅有利于中国，也有利于亚洲和世界。


第 2 篇   Passage 2

    You asked the question about the exchange rate of the RMB. China now practices a regulated floating rate, which is based on changes in market supply and demand. Since we integrated the two-track exchange rate in 1994, the exchange rate of the RMB has fluctuated. In real terms, the value of the RMB has appreciated 18 percent against the US dollar, and 39 percent against the euro. We will continue to explore approaches and work to improve the mechanism under which the exchange rate is determined. A strong and stable RMB is not only in China 's own interest, but also benefits Asia and the world.