On February 27th, spot exchange rate of Renminbi fell sharply again. In the opinion of ANBOUND think tanks scholars, the slowdown of Chinese economic growth poses pressure on RMB depreciation. The continuous depreciation of Renminbi isn't good for China. It will make the market more worried about Chinese market. Decision makers should set a point to stop Renminbi from further falling and take measures to guide market expectation. Phrased fluctuant depreciation of RMB is not a problem. However, China must be on guard against continuous sharp falling of Renminbi.