Thus the world’s largest free trade area came into being. In the midst of the COVID-19 pandemic, the signing of this agreement gives a strong impetus to Asia-Pacific regional economic integration and injects a powerful new stimulus to the global economic recovery.
High-Level Openness on All Fronts
The RCEP will promote the flow and exchange of goods, services, capital, and personnel between signatory countries, forging a modern, comprehensive, high quality, and mutually beneficial regional economic partnership.
After the RCEP agreement comes into effect, more than 90 percent of goods within the areas it covers will be traded duty-free, some immediately and others over a 10-year period. The RCEP, above all else, enables the elimination of China-Japan and China-Republic of Korea tariffs, achieving a historic breakthrough.
The agreement’s provisions on the certificate of origin, e-commerce, government procurement, intellectual property rights, and small and medium-sized enterprises (SMEs) not only speed up the clearance of goods but also strengthen economic and trade cooperation within the regional market, helping to further integrate industrial and supply chains in the region, increasing their level of modernization, and facilitating trade and investment for each of the 15 signatory countries.
Denne historien er fra January 2021-utgaven av China Today (English).
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Denne historien er fra January 2021-utgaven av China Today (English).
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
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A City with Vision for the Future
LOCATED on the edge of Xinjiang Uygur Autonomous Region, at one of the farthest points in China from the sea, stands a city that began to embrace its great economic takeoff just 10 years ago.
Setting out on the Great Rejuvenation
THE centenary of the Communist Party of China (CPC) was marked by a grand gathering held on July 1 at Beijing’s Tian’anmen Square.
A Similar History Has United Us
— Interview with Carlos Miguel Pereira, Ambassador of Cuba to China
The CPC's 100 Years of “Routine Miracles”
AT a grand ceremony commemorating the centenary of the founding of the Communist Party of China (CPC) at Beijing’s Tian’anmen Square on July 1, Xi Jinping, general secretary of the CPC Central Committee, solemnly declared the completion of building China into a moderately prosperous society in all respects, the country’s first centenary goal.
An Open Xinjiang with Multi-Ethnic Beliefs
SINCE ancient times, Xinjiang has been a region where ethnic groups live together, religious beliefs are diversified, and many cultures coexist. Primitive religion and Shamanism were initially prevalent in the region.
Xinjiang in My Eyes
ON May 24, 2021, I boarded a flight to Urumqi from Beijing with a group of Chinese and foreign journalists to learn more about Xinjiang Uygur Autonomous Region, a vast territory that is home to many ethnic groups and diverse cultures. The visit has left me with lasting memories and a deeper understanding of the people and the region as a whole.
Stability and Development Are the Strongest Evidences of Human Rights
OVER the past months hostile elements in certain Western countries have trumped-up charges against China concerning human rights in Xinjiang, spreading lies about “forced labor,” “genocide,” and “religious oppression” in the region.
BRI Nexus Promoting Multilateralism in a Post-Pandemic World
BORN of centuries-long interactions between China and other civilizations along the ancient Silk Road, the Belt and Road Initiative (BRI) appears as the quintessential manifestation of multilateralism on the world stage since the Second World War which was, sad to say, one of quite a different kind.
Tourism Boosts Rural Revitalization in Ili
THEY say you never know how big China is until you come to Xinjiang, and never know how beautiful Xinjiang is until you come to Ili.
Xinjiang's Cotton Industry Gets Smart
LOCATED in the northwest of China, Xinjiang Uygur Autonomous Region boasts long hours of sunshine and ample water for irrigation — making the region geographically ideal for growing cotton. Cotton grown in Xinjiang, which has good coloration and long fiber, is favored in both domestic and foreign markets.
