On October 20, the median rate of the Renminbi against the US dollar reached 6.75, setting a new low in the last six years. Overseas institutions are not optimistic about Renminbi's prospects. Anbound chief researcher Chan Kung believes that the biggest problem now is that the depreciation rate of Renminbi against the US dollar is a bit fast and there should be some policy actions on this, for instance starting from the stock market and invigorate the securities market; the policy actions should be taken by the National Development and Reform Commission to stimulate the Chinese stock market trading. If the securities market can work together in this, then the probability of success will be higher.