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The Chinese government has officially approved the RCEP agreement

Post time:2021-05-25 16:04:25

On March 8, after the second plenary meeting of the Fourth Session of the Thirteenth National People's Congress, the second "Ministerial Channel" interview was held, and some heads of relevant ministries and commissions of the State Council who attended the meeting were invited to accept interviews via online video.

Reporter: We are very concerned about the progress made in the implementation of the Regional Comprehensive Economic Partnership Agreement. How to help companies grasp the development opportunities brought by RCEP and deal with the challenges that may come? Thank you.

Wang Wentao, Minister of Commerce of China:

After the RCEP is signed, it means that a region that accounts for 1/3 of the world's total economy can form a unified large market, which is full of potential and vitality.

The Party Central Committee and the State Council attach great importance to this and set up a working mechanism for the effective ratification of RCEP. The Chinese government has formally approved the agreement. Some member states are also accelerating the rectification process. We hope that relevant countries can accelerate progress and eventually reach the entry into force of the agreement ratified by 6 ASEAN member states and 3 non-ASEAN member states. The earlier the agreement enters into force, the more it can benefit the people of all countries.

In addition, the Ministry of Commerce, in conjunction with relevant departments of the State Council, is accelerating the implementation of technical preparations. So far, all work is progressing smoothly, including preparations for tariff reduction and certification of origin. After we have completed these preparations, we have to negotiate with the relevant member states, and after obtaining mutual confirmation, we can immediately implement the agreement when it comes into force.

Regarding the opportunities and challenges brought by enterprises to grasp the RCEP, the Ministry of Commerce has organized the first national training course with more than 6000 participants, and the effect is very good. In March, we will hold the second national training course, covering about 40,000 people. Our plan is to increase the promotion and training of the agreement, just like joining the WTO, so that more companies can know the content of the RCEP agreement and apply it skillfully, so that the agreement can truly benefit enterprises and benefit the public at the same time. .

 
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