Guizhou: Seize the opportunity of RCEP to promote a higher level of opening up

Guiyang, January 21st (Reporter Xiang Dingjie) The “RCEP Opening Opportunity Guiyang Seminar” was held in Guiyang on the 20th. More than 100 representatives of member states conducted cloud dialogues via video connections.

At this meeting hosted by the People’s Government of Guiyang City, Guizhou Province and the China -ASEAN Business Council, the guests at the meeting provided suggestions and suggestions on the construction of RCEP, and agreed that the prospects for deepening industrial complementarity and trade exchanges in the future are promising.

The Regional Comprehensive Economic Partnership Agreement, RCEP for short , is a free trade agreement reached between China and the ten ASEAN countries, Japan, South Korea, Australia and New Zealand in November last year. As another major opening up achievement after China’s accession to the WTO, the signing of RCEP contains many opportunities to promote local and enterprise development.

“Guiyang, as the’China Data Valley’, has certain international comparative advantages in the development of big data.” Guiyang Municipal Party Committee and Deputy Mayor Sun Zhiming said during the city promotion that he is very willing to actively expand trade, cultural tourism, Cooperation in the digital economy and other areas has contributed to the pragmatic implementation of RCEP.

“RCEP brings new hope to the global economy facing many difficulties, and it will definitely promote regional economic cooperation, overcome the epidemic crisis, and promote the sustainable economic and social development of member countries.” Zhao Deming, member of the Standing Committee of the Guizhou Provincial Party Committee and Secretary of the Guiyang Municipal Party Committee, said in his speech , The local area will take RCEP as an opportunity to accelerate high-level opening up from a higher starting point.

“Although the preparation time for this meeting is short, the participation of all parties is high and positive aspirations have been expressed.” Xu Ningning, executive director of the China-ASEAN Business Council, said that in economic globalization, make good use of the free trade agreement open and cooperative development method It is an important choice for many countries.

The Indonesian ambassador to China Zhou Haoli said in the video link that the initiative to build RCEP was first put forward by Indonesia, the then rotating ASEAN chairmanship, in 2011. Its successful signing will greatly promote economic and trade exchanges between member states, especially Indonesia and China. He believes that Guizhou has great growth potential and hopes to strengthen cooperation in the fields of agriculture, mining, and service industries in the implementation of RCEP.

“Since 2016, China has been the largest source of investment in Malaysia’s manufacturing industry. Despite the challenges posed by the epidemic, bilateral trade between the two countries has grown against the trend.” Malaysian Ambassador to China Raja Datuk Nusirwan shared That said, RCEP encourages high-quality investment. Knowledge-intensive industries, renewable energy, green economy, e-commerce, etc. are all potential development areas.

Zheng Yi, executive vice president of the Korea Chamber of Commerce in China, said that Guizhou is an emerging market with huge growth potential. The epidemic has accelerated the development of non-contact economy and digital economy. The next step will be to actively promote international cooperation with Guiyang and Gui’an New Area in the field of big data. , To promote the application of big data in the fields of finance, manufacturing, energy, logistics, medical care, education, etc., and constantly create new business opportunities.

Xu Ningning also introduced that Sichuan, Guangxi, Fujian, Hainan, Shanghai and other places have also proposed to seize the opportunity to make full use of RCEP to promote opening up and high-quality economic development.

The Ministry of Commerce of China recently stated that RCEP is expected to take effect at the end of this year. In order to promote the implementation of the agreement as soon as possible, the Ministry of Commerce also held a special training course from January 18th to 19th, and gave an online “mobilization course” for about 6000 people from commerce, customs, and business associations in various regions.

The Ministry of Commerce requires all localities to carefully study the tariff reductions of the other 14 countries and combine them with industrial characteristics and corporate expertise to expand exports in a targeted manner. Local commercial authorities should guide enterprises to make full use of the rules, fully and reasonably enjoy the tariff preferences of other countries, and obtain export benefits.

At this seminar, some Guizhou enterprises have revealed their willingness to develop among RCEP member states. Jiang Hua, chairman of Guizhou Wengfu International Trade Co., Ltd., said that the company will continue to strengthen the RCEP market trade focus and vigorously promote deeper strategic cooperation and prosperity in the phosphorus industry with RCEP member states.

As one of the “veteran” tire manufacturers in China , You Jie, general manager of Guizhou Tire Import and Export Co., Ltd. also said in his speech that he will firmly grasp the opportunity of signing RCEP, tap the market potential, and strive to expand in Myanmar, Indonesia, Cambodia, Markets such as Malaysia and Vietnam have achieved annual sales growth of 20%-30%, and steadily promoted the deployment of core products in developed markets such as Japan and South Korea.

 

 

Source: China – ASEAN Business Council

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