RCEP is coming into force and will be implemented at the full moon. All localities and enterprises in Guangdong are seizing new opportunities to promote opening-up cooperation. On January 26, the Ministry of Commerce and other six departments jointly issued the guidance on the high-quality implementation of the regional comprehensive economic partnership agreement (RCEP) (hereinafter referred to as the guidance), providing guidance for local governments and enterprises to seize the development opportunities of RCEP and achieve better development. "Guangdong should pay more attention to strengthening industrial supporting services, enhance its dominance in the industrial chain and supply chain, and enhance its international competitiveness." Bai Ming, deputy director of the International Market Research Institute of the Research Institute of the Ministry of Commerce, suggested that Guangdong should speed up the connection with international standards, promote the free flow of innovative elements in the region, and better grasp the development opportunities of RCEP. Foster diversified global supply chain networks Strengthen high-end industrial chain cooperation and manufacturing project cooperation The guidance covers 6 aspects and 30 articles in total. Focusing on RCEP's opening commitments and rules in the fields of trade in goods, trade in services, investment, rules of origin, trade facilitation, intellectual property rights and e-commerce, it puts forward key tasks such as promoting high-quality development of trade and investment, improving industrial competitiveness, promoting international standard cooperation and improving the business environment. In terms of promoting the upgrading of manufacturing industry and enhancing industrial competitiveness, the guiding opinions proposed to strengthen high-end industrial chain cooperation and manufacturing project cooperation, and cultivate diversified global supply chain networks. Give full play to China's industrial and market advantages, actively promote enterprises to carry out close cooperation around industrial chain and supply chain links of common concern in RCEP region, promote enterprises to carry out R & D and technical exchanges, and further promote the complementarity and deep integration of high-end industrial chains. "Under the new development pattern, the state pays special attention to extending the industrial chain and improving the supply chain. In fact, the industrial chain and the supply chain complement each other." Xie Baojian, vice president of the Free Trade Zone Research Institute of Jinan University, said that Guangdong has a sound industrial system, especially with a complete range of industrial industries, basically full coverage of major industries and rich product types. The added value of industries above Designated Size will reach 3.75 trillion yuan in 2021. "The upstream and downstream supporting facilities of Guangdong Hong Kong Macao Bay area are perfect, and the degree of division of labor and cooperation between different cities is becoming higher and higher. Under the framework of RCEP, Guangdong can better cultivate diversified global supply chain networks in the international cycle." Xie Baojian said. However, there are challenges behind the opportunities. "Guangdong's GDP is the first to exceed 12 trillion yuan in the country, which will face greater challenges in industry. We should pay more attention to the impact of the effective implementation of RCEP on the industrial chain and supply chain." Bai Ming said that Guangdong should consolidate the foundation of the industrial chain supply chain and enhance its dominance of the industrial chain supply chain. Lu Hongyan, deputy director of the Global Supply Chain Research Institute of the Research Institute of the Ministry of Commerce, also believes that Guangdong will face greater pressure on industrial transfer. Vietnam, Thailand, Malaysia and other RCEP member countries have significant cost advantages in labor-intensive industries. Guangdong is facing the challenge of intensifying competition with these countries in attracting investment, and may transfer Guangdong's textile, light industrial product manufacturing, processing and assembly and other industrial enterprises and factories to ASEAN countries. To this end, Lu Hongyan suggested strengthening international cooperation in regional industrial chain and supply chain, giving full play to Guangdong's industrial advantages in smart appliances, electronic information, automobile, light industry and textile, and encouraging enterprises to vigorously explore regional markets such as ASEAN, Japan and South Korea. Reasonably optimize the regional layout of textile and garment, electrical machinery, electronic information and other industrial chains, strengthen the division of labor and cooperation with ASEAN countries, strengthen the upstream R & D, design, brand and other high-end links of the industrial chain, and promote the industry to climb to the high-end links of the value chain. At the same time, strengthen cooperation with Japan and South Korea in the industrial chain, "encourage enterprises to purchase key parts and products from Japan and South Korea, attract Japanese and South Korean enterprises to invest in high-end manufacturing, service industry and other fields in Guangdong, expand new areas of cooperation with Japan and South Korea, and improve the level of trade and investment cooperation between Guangdong and Japan and South Korea." Lu Hongyan said. "Guangdong should also be fully aware of the risks and challenges, establish a trading base for bulk commodities and raw materials, and guard against fluctuations in the labor market, natural disasters and international uncertain risks affecting the safety and stability of the industrial chain." Xie Baojian said that we should also guard against green trade barriers, promote the international spillover of green technology and green manufacturing, and lead the green development of RCEP. Give full play to product advantages Improve the cross-border e-commerce cooperation mechanism How to make good use of RCEP rules according to local conditions and improve the business environment is a proposition that all localities and enterprises are trying to think and practice. The guiding opinions put forward that RCEP should give full play to its role, improve the trade and investment environment, promote foreign trade and investment attraction, and actively introduce funds and talents in the region. According to their own actual situation and combined with their own advantages, local governments can explore the experience of high-quality implementation of RCEP and establish demonstration areas in qualified places within the jurisdiction of the province (district and city), so as to drive and improve the effect of the overall implementation of the agreement in the province (district and City). "The RCEP agreement sets higher standards for labor rights, competition policy, intellectual property rights, e-commerce and government procurement, which requires Guangdong to strengthen reform and innovation, optimize the business environment and realize organic connection with international rules on the basis of improving rules." Lu Hongyan said. The guidance also proposes to accelerate the development of new forms and models of foreign trade, cultivate new drivers of foreign trade development, and encourage and support enterprises to improve key marketing channels. Cultivate and establish local marketing service platforms, build an international logistics supply chain service guarantee system, and improve the logistics level. According to the data of the provincial government work report, the scale of cross-border e-commerce and market procurement in Guangdong Province exceeded 300 billion yuan in 2021. "Guangdong should constantly innovate and develop new forms and models of foreign trade, make good use of the tax reduction of Member States and the cumulative rules of regional origin, and give full play to the advantages of Guangdong's characteristic agricultural products and advantageous industrial products." Lu Hongyan said that with the cross-border e-commerce comprehensive pilot zone as the carrier, support enterprises to actively develop cross-border e-commerce and overseas warehouses, strengthen the construction of international brands and marketing channels, improve the cross-border e-commerce cooperation mechanism between Guangdong and RCEP Member States, and improve the quality and level of cross-border e-commerce cooperation. "In the production link, we should make full use of the comparative advantages of raw materials and other production factors and labor costs of RCEP countries, stabilize and expand the supply chain network. In the market link, we should fully tap the market potential of RCEP countries and establish a stable trade network." Xie Baojian said. Promoting the cooperation and transformation of international standards and improving the role of standards in promoting industrial development are also important contents of the guiding opinions. It is proposed to support industry associations, enterprises and institutions and testing institutions to strengthen exchanges and cooperation with RCEP Member States and jointly carry out the development of international standards. Bai Ming said that in the reorganization of international industrial division of labor, Guangdong should speed up the docking with international standards, promote the free flow of innovative elements in the region, and promote investment and trade facilitation. "Under the framework of RCEP, Guangdong can fully enjoy the convenience and effectively deal with the pressure and challenges brought by RCEP by providing supporting services and making the industrial chain and supply chain operate effectively." Key tasks of the guidance （1） Make good use of the agreed market opening commitments and rules to promote the high-quality development of trade and investment ① Promote the development of trade in goods ② Ensure the effectiveness of preferential rules of origin ③ High standard implementation of customs procedures and trade facilitation rules ④ Strengthen international cooperation in animal and plant quarantine and food safety ⑤ Improve the opening-up level of service trade ⑥ Improve the level of investment liberalization and facilitation ⑦ Improve the facilitation level of foreign investment and improve the quality and efficiency of foreign investment ⑧ Strengthen intellectual property protection ⑨ High level implementation of e-commerce rules （2） Promote the upgrading of manufacturing industry and enhance industrial competitiveness ① Promote the optimization and upgrading of manufacturing industry ② In depth implementation of quality improvement actions ③ Strengthen cooperation in high-end industrial chains and manufacturing projects, and cultivate diversified global supply chain networks ④ We will improve the security system for industrial opening up （3） Promote the cooperation and transformation of international standards and enhance the role of standards in promoting industrial development ① Actively implement the standardization strategy and accelerate the construction of a national standardization system to promote high-quality development ② Strengthen the standard collection of applicable international standards and improve the conversion rate ③ Increase participation in the formulation and docking of international standards and strengthen industrial exchanges and cooperation ④ Promote standard coordination and mutual recognition of conformity assessment results （4） Improve the financial support and supporting policy system ① Further improve the quality and efficiency of financial services for trade and investment ② Improve the supporting role of RMB settlement in the development of trade and investment （5） Make good use of RCEP rules according to local conditions and improve the business environment ① Build a market-oriented, legal and international business environment ② Seize opportunities in combination with local advantages and characteristics ③ Help the central and western regions improve their ability to participate in international market competition ④ Give play to the superposition effect of Hainan free trade port policy and RCEP ⑤ Support the pilot free trade zone and actively promote institutional innovation ⑥ Promote the development of border trade （6） Continue to do a good job in supporting services for enterprises ① Establish a public service platform for the implementation of the free trade agreement ② Give full play to the service function of overseas business institutions to enterprises abroad ③ Enhance the role of exhibitions and other platforms in promoting the development of trade and investment ④ Continue to do a good job in publicity and training ⑤ Strengthen RCEP implementation effect tracking (Xinhua News Agency)