Macrodynamic comment: my country’s first ratification of the RCEP agreement is a milestone



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Original title: Macro Dynamics Comments: My country’s first ratification of the RCEP agreement is a milestone

event

Yu Benlin, director of the International Department of the Ministry of Commerce of China, revealed on the 22nd that the current “Regional Comprehensive Economic Partnership Agreement”

(RCEP) All member states have expressed that they will ratify the agreement before the end of the year, pushing for the agreement to come into force on January 1 next year. Yu Benlin said that as soon as the agreement goes into effect, member states immediately reduce taxes in accordance with the provisions of the agreement, andServiceinvestmentOpen commitments and implement the rules in all areas of the agreement.

Reviews (2)

RCEP is a milestone in the opening up of China. RCEP free tradeThe area covers about a third of the world’s population,GDP(GDP), which accounts for about 30% of the world total, is the world’s largest free trade zone agreement. In addition to the 10 ASEAN countries, the agreement’s member countries include China, South Korea, Japan, Australia and New Zealand. In 2020, ChinaDepartureThe scale reaches 698.4 billionAmerican dollar, Which represents approximately 27% of my country’s total exports and imports of 775.4 billion US dollars, which represents approximately 38% of my country’s total imports. The investment of the member countries of the RCEP represented more than 10% of the real use of foreign capital of my country. The RCEP is another important opening achievement after my country’s accession to the WTO. The entry into force of the Regional Comprehensive Economic Partnership Agreement marks the beginning of the establishment of a multipolar world and is an important milestone.

my country actively participates in international economic and trade regulationsnegotiationAnd formulate. Throughout 2020, our countryimport and exportThe total value was US $ 4.65 trillion, an increase of 1.5%. Among them, exports were US $ 2.59 trillion, an increase of 3.6%; imports were US $ 2.06 trillion, a decrease of 1.1%; the trade surplus was US $ 535.03 billion, with a previous value of US $ 459.92 billion. The share of commercial imports and exports in my country’s total GDP has continued to rise and exports have maintained their resilience. The signing and entry into force of the RCEP agreement has officially established the free trade zone with the largest participating population, the most diverse membership structure and the greatest development potential in the world, it is a victory for multilateralism and free trade. the main content, RCEP coversgoodsIt is expected that the high level of openness of services and investments will increase, and the subsequent specific implementation of tariff reductions, standards of origin, facilitation measures and related regulations. The RCEP agreement added a free trade relationship between China, Japan and Japan and South Korea, which contributed to a significant increase in the degree of free trade in the region. My country’s current science and technologyindustrychainstrategyTo increase its importance, it is imperative to deepen scientific and technological cooperation with other Asian countries. Under the RCEP, my country’s trade tariffs with Japan and South Korea are expected to be significantly reduced. In the medium and long term, it will help strengthen The technology and data elements of my country are independent and accelerate the construction of a double national and international cycle. A new pattern of development that is mutually promoting.

Unleash the comprehensive effects of RCEP. Once the RCEP takes effect, more than 90% of the trade in goods in the region will eventually achieve zero tariffs, mainlyproductIs it the effective reduction of taxes to zero immediately and the reduction of taxes to zero in 10 years, which is expected to benefit all countries in a relatively short period of time?businesswithconsumptionVarious industries can tightly integrate RCEP with their own industries and push different departments to fully integrate into RCEP.market, For Chinese companies to “go out” and expand the regionIndustrial chainThe design provides a wideMarket space, Form strong synergy, take full advantage of the comprehensive effects of RCEP, and achieve mutual benefit, mutual benefit and common development to a higher level.

Risk warning: a black swan event in the foreign market caused violent fluctuations;industryraw materialpriceFitted beyond expectations; downstream demand was lower than expected.

(Article source: ChuancaiValues

(Editor in charge: DF544)

I solemnly declare: The purpose of this information is to spread more information, and it has nothing to do with this booth.

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