China News Service, Beijing, December 11 (Liu Wenwen) The RCEP Electrical Industry Cooperation Conference and the establishment of the RCEP Electrical Industry Cooperation Committee were held a few days ago. Relevant representatives expressed positive wishes and made suggestions on enhancing RCEP industry cooperation.

  At the meeting, Xu Ningning, executive chairman of the China-ASEAN Business Council and chairman of the RCEP Industrial Cooperation Committee, said that the effective implementation of RCEP is for the 15 RCEP countries to "educate new opportunities in the crisis and open new opportunities in the changing situation."

The RCEP Electrical Industry Cooperation Conference and the establishment of the RCEP Electrical Industry Cooperation Committee were held to jointly seize the new opportunities brought by RCEP and use the convenience brought by the open market to the cooperation of the industry and its enterprises to promote the docking of specific industries-the electrical industry Cooperation, this action is innovative and pragmatic.

  Xu Ningning mentioned that RCEP's national electrical industry is highly complementary and has great potential for regional market development.

The establishment of the RCEP Electrical Industry Cooperation Committee is the need and product of improving the level of cooperation, which is conducive to broadening and consolidating business channels and information channels.

Wenzhou is an important city where China's electrical industry gathers.

This event embodies Wenzhou's active actions in implementing the "Belt and Road" and implementing the "dual circular" economic development, constructing a new development pattern, and promoting industrial development.

The RCEP electrical industry cooperation meeting is conducted in the form of online and offline integration.

Photo courtesy of China-ASEAN Business Council

  The Minister of Commerce of Cambodia Ban Sussa stated that RCEP provides huge opportunities for many industries including the electrical industry.

Cambodia is implementing the 2015-2025 industrial development plan, which includes encouraging the development of the electrical industry.

The Ministry of Commerce of Cambodia welcomes RCEP national electrical enterprises to seize the opportunities brought about by the implementation of the free trade agreement to invest in Cambodia.

  Rudolph, Deputy Minister of Trade and Industry of the Philippines, said that there are many investment opportunities in the Philippine electrical industry and related industries, and there are also preferential policies suitable for development. Chinese companies investing in the Philippines can also use the preferential trade policies provided to the Philippines by foreign countries to develop more international market.

The Philippine Department of Trade and Industry will further strengthen the friendly cooperation with the China-ASEAN Business Council to jointly assist the cooperation between the enterprises of the two countries.

It is believed that the entry into force of RCEP will enable the Philippines-China partnership to develop more steadily.

  The Laotian ambassador to China Kambao Ntawan pointed out that the RCEP will take effect on January 1 next year.

It is believed that the RCEP Regional Electrical Industry Cooperation Committee will play an active role in advancing the industrial cooperation among RCEP countries and the increase in trade and investment brought about by this cooperation.

  Deputy Secretary of the Wenzhou Municipal Party Committee and Mayor Yao Gaoyuan said that RCEP will take effect soon and unlimited business opportunities are in sight.

The RCEP electrical industry cooperation meeting was held and the RCEP electrical industry cooperation committee was established at the right time.

As a professional industry cooperation mechanism jointly participated by relevant parties of RCEP member states, the Chinese Secretariat of the RCEP Electrical Industry Cooperation Committee has settled in Wenzhou, further reflecting Wenzhou as a pioneering area of ​​China's reform and opening up.

  Nan Cunhui, Chairman of Chint Group and Chinese Chairman of the RCEP Electric Industry Cooperation Committee, said that the establishment of the RCEP Electric Industry Cooperation Committee will definitely promote the deepening of exchanges and cooperation between the regional electric industry and enterprises.

The RCEP electrical industry and enterprises can play a role in deepening cooperation in the energy and power field. Digital and intelligent cooperation should be used to promote industrial upgrading and further promote the integration of the industrial chain and value chain. It is recommended that RCEP member countries further relax market access and promote the free flow of economic factors in the region , Strengthen the division of labor cooperation among members, and promote the expansion and upgrading of the consumer market in the electrical industry in the domain.

  The establishment ceremony of the RCEP Electrical Industry Cooperation Committee was also held on the same day, and the Committee’s "Memorandum of Cooperation" was released.

Liu Xin, executive secretary of the China-ASEAN Business Council, said that as the RCEP agreement enters into force, the establishment of the RCEP Electrical Industry Cooperation Committee has made a useful first-hand exploration of enhancing industrial cooperation in the open market.

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