LINE

Text:AAAPrint
Economy

RCEP delivers prominent dividends: Chinese official

2022-09-21 13:25:59Xinhua Editor : Li Yan ECNS App Download

Trade between China and the other 14 Regional Comprehensive Economic Partnership (RCEP) members reached 8.32 trillion yuan (about 1.20 trillion U.S. dollars) in the first eight months of this year, accounting for 30.5 percent of China's total foreign trade, Vice Commerce Minister Wang Shouwen said Tuesday.

Wang, also China's international trade representative with the Ministry of Commerce, made the remarks at a forum of the ongoing seventh China-Eurasia Expo in Urumqi, capital of northwest China's Xinjiang Uygur Autonomous Region.

Since the RCEP came into force on Jan. 1 this year, it has delivered increasingly prominent dividends to companies through tariff concessions, trade facilitation, and other policies, he said.

Driven by the world's largest free trade deal, the level of trade and investment liberalization and facilitation has been markedly raised in East Asia, and the region's business environment has seen continuous improvement with growing confidence in economic recovery, said Wang. 

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

LINE
Back to top About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2022 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.
[网上传播视听节目许可证(0106168)] [京ICP证040655号]
[京公网安备 11010202009201号] [京ICP备05004340号-1]