RCEP is a regional economic integration cooperation initiated by ASEAN countries and led by ASEAN. It is an organizational form for member countries to open their markets to each other and implement regional economic integration.
1, the RCEP agreement consists of a preface and 20 chapters (including: initial clauses and general definitions, trade in goods, rules of origin, customs procedures and trade facilitation, sanitary and phytosanitary measures, standards, technical regulations and conformity assessment procedures, trade remedies, trade in services, temporary movement of natural persons, investment, intellectual property rights, e-commerce, competition, small and medium-sized enterprises, and economic and technological cooperation)
2. General terms and exceptions, institutional terms, dispute settlement and final terms), and four annexes to the market access commitment table (including: rate commitment table, service specific commitment table, investment retention and non-compliance measures commitment table, and temporary movement of natural persons specific commitment table).
3. China is accelerating the implementation of the Regional Comprehensive Economic Partnership Agreement. The the State Council executive meeting held on February 3, 20021pointed out that China is willing to fulfill 85% of the binding obligations of 70 1 and make arrangements on how to seize the opportunities and meet the challenges in the next step. According to the contents of the meeting, the relevant departments have accelerated the preparations for the entry into force of the domestic docking agreement. The judicial review of the agreement has been completed, the formulation of the tariff conversion scheme for goods trade has been completed, and the technical preparations for implementing the rules of origin accumulation have also made substantial progress. 85% of the 70 1 binding obligations involved in the agreement are ready to be fulfilled.
4. According to the data of 20 18, this country with a population of 15 RCEP has reached 2.2 billion years as a whole, with GDP reaching 29 trillion US dollars, total export reaching 5.6 trillion US dollars, and RCEP attracting foreign capital flows reaching 370 billion US dollars, accounting for about 30% of the global total. When rccep 15 is completed, it will become the largest free trade zone in the world. If India joins the WTO after solving related problems, its scale will be further expanded. The completion of RCEP negotiations is conducive to sending a signal that we are committed to building an open world economy, supporting the multilateral trading system, improving the regional trade and investment environment, promoting trade and investment liberalization and facilitation, helping countries better meet challenges, enhancing the future development potential of the region and benefiting the people of all countries in the region.