Wang Wenbin, spokesman of the Ministry of Foreign Affairs, said on the 14th that the full entry into force of the Regional Comprehensive Economic Partnership (RCEP) reflects the strong demands of regional countries to strengthen economic integration and achieve common development. China is willing to continue to work with relevant parties to promote high-quality implementation of RCEP and inject new momentum into regional and global economic recovery. At the regular press conference that day, a reporter asked: Recently, RCEP has fully entered into force for 15 signatory countries. Anna Robinho, Advisor to the ASEAN Secretary General and Deputy Secretary General of the ASEAN Economic Community, stated that RCEP provides good opportunities for member countries to open up their markets and expand their market scope, which can promote economic and trade cooperation between member countries. How does the spokesperson view the role of RCEP in promoting economic and trade cooperation in the Asia Pacific region? "RCEP has come into full force for 15 countries, marking that the world's most populous, largest economic and trade scale, and most potential free trade zone has entered a new stage of full implementation." Wang Wenbin said. He stated that RCEP is a milestone achievement in the construction of economic integration in the Asia Pacific region and a vivid example of regional countries sharing development opportunities. Since its implementation, trade exchanges between countries have become closer, and intra regional trade has become a key force in stabilizing and driving foreign trade growth. The region has continued to become a global investment hotspot. Wang Wenbin said that RCEP has injected strong impetus into promoting regional integration and promoting regional development and prosperity. Whether it is tariff reduction, promoting trade facilitation, improving investment policy transparency, or reducing technical trade barriers, all of them bring tangible benefits to participants. "Take China as an example, as the largest economy in RCEP, the total import and export volume between China and other members of RCEP will reach 12.95 trillion yuan in 2022, up 7.5% year on year; the actual investment of other members of RCEP will be 23.53 billion dollars, up 23.1% year on year." "The full effectiveness of RCEP reflects the strong demands of regional countries to strengthen economic integration and achieve common development." Wang Wenbin said, As a staunch supporter of trade liberalization and facilitation and an important participant in regional cooperation, China is willing to continue to work with relevant parties to promote high-quality implementation of RCEP and inject new momentum into regional and global economic recovery. (New News Agency)
Edit：He Chuanning Responsible editor：Su Suiyue
Source：Xinhua
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