The Upgrade Protocol of the China-New Zealand Free Trade Agreement will further cut tariffs and non-tariff barriers, enhance cooperation in rule-making and boost trade in services between the two countries, said trade experts and business leaders.
Following the opening of the China-Laos Railway, a growing number of cities in China immediately rolled out freight trains to Lao capital Vientiane, providing well-timed transport convenience for the Regional Comprehensive Economic Partnership (RCEP) pact which will be implemented within a month, while countries in Southeast Asia are sparing no efforts to boost their economies as the Omicron variant of the coronavirus is threatening to upend the region s COVID-19 recovery.
2021-04-22 10:11 By: GMW.cn
On April 16, the China (Shanxi)-ASEAN Economic and Trade Cooperation Conference was held in Beijing. The meeting was co-hosted by the Shanxi Provincial Government and the China-ASEAN Business Council.
Lu Dongliang, Vice Governor of Shanxi Province, said in his speech that during the 30 years since the establishment of China-ASEAN dialogue partnership, Shanxi and ASEAN countries have become increasingly close in economic ties, and exchanges and cooperation have become deeper and deeper. More and more investors from ASEAN countries are empowering Shanxi s development and at the same time sharing the dividends of Shanxi s rapid development. In 2020, a quarter of Shanxi s imports and exports came from RCEP member countries. Shanxi and ASEAN countries are highly mutually complementary in economy and trade. The two sides have a broad space for cooperation, especially in digital economy, infrastructure const
2021-04-22 10:11 By: GMW.cn
On April 16, the RCEP Industry Cooperation Committee was established in Beijing. Representatives of the business communities of 15 RCEP member states pledged to engage in close regional industrial cooperation and work together to promote the implementation of the Regional Comprehensive Economic Partnership Agreement.
The RCEP, signed on November 15, 2020 and composed of the 10 ASEAN countries as well as China, Japan, South Korea, Australia, and New Zealand, is a free trade zone with the largest population, the largest economy, the most diverse membership structure, and the greatest potentials for development in the world.
The cooperation committee is mainly composed of representatives of the business communities of 15 RCEP member states. At the inauguration ceremony, Xu Ningning, Executive President of the China-ASEAN Business Council, Shen Guofang, Executive President of the China Foundation for Int