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Original title: The Ministry of Commerce responded one by one to critical points such as RCEP and the China-Japan-Korea Free Trade Agreement
The Ministry of Commerce held a press conference on the afternoon of November 19. Gao Feng, the spokesman for the Ministry of Commerce, responded to these hot spots:
① Strive for an early start of the China-EU Free Trade Agreement process
As for the China-EU Investment Agreement, the two sides are accelerating the negotiation process and achieving positive results through continuous and intensive negotiations in accordance with the consensus reached by the leaders to complete the negotiations in the year. This week, China and the EU hold the 34th round of negotiations. This is the ninth round of formal negotiations taking place this year. The two sides focused on the remaining issues and continued in-depth consultations, which are expected to make positive progress.
Negotiations on free trade agreements lead to further deepening bilateral economic and trade cooperation between China and the EU. In the context of increasing downward pressure on the world economy, it is of great importance to promote the liberalization and facilitation of global trade and investment and to promote the sustainable development of the world economy. The Chinese side is willing to maintain communication with the European side and endeavor to start the China-EU Free Trade Agreement process at an early date on the basis of the China-EU Investment Agreement.
② Accelerate the China-Japan-Korea Free Trade Agreement negotiation and strive to achieve substantial results as soon as possible
The signing of RCEP has created good conditions to accelerate the negotiation of the China-Japan-Korea Free Trade Agreement. China is willing to work with Japan and South Korea to actively overcome the impact of the epidemic, make full use of existing resources, hold consultations and exchanges through video conferencing, conference calls and other ways, accelerate the progress of negotiations of the China-Japan-Korea free trade agreement and strive for substantivity as soon as possible. Achievements, further improve market access and regulatory levels, and create a “RCEP +” free trade agreement.
③Support Hong Kong to join RCEP as soon as possible
Actively support Hong Kong’s participation in international and regional economic cooperation, and will support Hong Kong to join RCEP as soon as possible in accordance with RCEP regulations on new members and Hong Kong’s actual development needs.
④ Is China considering joining the CPTPP?
With regard to China’s accession to the CPTPP, China takes an active and open attitude. China advocates the establishment of an open, transparent, mutually beneficial and win-win regional free trade agreement. Any regional free trade agreement, as long as it conforms to the principles of the WTO, is open, inclusive and transparent and leads to economic globalization and regional economic integration. China welcomes it from. China will increase its institutional openness and hopes that all parties can uphold the concept of a community with a shared future for humanity, work together to promote trade and investment liberalization and facilitation, and achieve mutual benefit, the results of mutual benefit and common development.
⑤How does RCEP affect China’s foreign trade?
For China, it is conducive to promoting import diversification, stimulating import potential, optimizing import structure, expanding imports of advanced technology, equipment and spare parts, and importing the basic resources demanded domestically; at the same time, it is conducive to stabilizing China’s exports to countries in the region. In addition, the RCEP also favors the design of companies in the region, a better allocation of factor resources in the region and a greater resilience of the industrial chain and the supply chain in the region.
⑥ Will the import tariff for Australian products be adjusted after the RCEP is signed?
The RCEP agreement is a regional free trade agreement reached by 15 members. All parties have made systematic arrangements on issues such as tariff concessions on trade in goods. Once the RCEP agreement enters into force, China will work together with all members to implement and implement the relevant provisions of the agreement.
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Editor in Charge: Xue Yongwei
