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China is a promoter of RCEP and a practitioner of RCEP
Seetao 2022-04-21 14:43
  • China will actively participate in the construction of the RCEP mechanism together with other countries
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On April 20, 2022, Foreign Ministry Spokesperson Wang Wenbin hosted a regular press conference. A reporter asked a question. Statistics from China's customs show that in the first quarter of 2022, the total value of China's imports and exports to the other 14 RCEP member countries increased by 6.9% year-on-year, accounting for 30.4% of China's total foreign trade value during the same period. In the quarter, China's import and export growth with South Korea, Malaysia, New Zealand and other countries exceeded double-digit year-on-year growth. What is China's comment?

Wang Wenbin said that the Regional Comprehensive Economic Partnership (RCEP) is an important milestone in the process of East Asian economic integration and a major step in promoting the liberalization and facilitation of global trade and investment. In addition to tariff preferences, RCEP has also set a benchmark for economic and trade rules in the Asia-Pacific region in terms of rules of origin, customs procedures, inspection and quarantine, etc., and is vigorously promoting the region to achieve higher-quality and deeper regional economic integration.

Since it came into effect three months ago, RCEP has played a real and important role in promoting the economic recovery, prosperity and development of countries in the region, maintaining regional peace and stability, and widely benefiting enterprises and people in various countries. In this regard, people from all walks of life in the region have generally given positive comments. Keywords: RCEP, One Belt One Road, One Belt One Road News, One Belt One Road Project

China is the promoter of RCEP's signing and effective implementation, as well as a practitioner of high-quality implementation of RCEP. In the next step, China will work with all parties to actively participate in the construction of the RCEP mechanism, jointly promote the improvement of the overall implementation level of the agreement, in order to support the multilateral trading system, promote the construction of an open world economy, and promote the world economy to achieve a strong, balanced, sustainable and inclusive make new contributions to development.Editor/XuNing

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