Chinese official RCEP's willingness to conclude within the year Is trade friction affected? September 29 22:17
Senior officials from the Chinese government showed a strong willingness to conclude RCEP = Comprehensive Economic Partnership in the East Asia, where 16 countries including Japan and China participate. As trade friction with the United States continues, there seems to be a desire to rush to strengthen cooperation with Asian countries.
RCEP will hold a ministerial talk in Thailand next month with the goal of reaching a conclusion by the end of the year.
Regarding this, Deputy Secretary Wang of the Ministry of Commerce in charge of trade issues in the Chinese government said at the press conference on the 29th, “Two ministerial negotiations were held in each country, and each country will make the best efforts to conclude the negotiations this year. At the next meeting, China would like to make further progress with other members, ”he said, demonstrating a strong willingness to conclude negotiations this year.
On top of that, “The RCEP has the largest population in the world and has the greatest potential. It is of great significance to quickly compile large-scale free trade agreements as protectionism is gaining power globally. And emphasized the significance of promoting RCEP.
Against this backdrop, while trade disputes with the United States have protracted, it seems that there is a desire to urgently promote cooperation with Asian countries while appealing to a positive attitude towards free trade.