China News Service, Beijing, January 1 (Li Xiang) The "Regional Comprehensive Economic Partnership Agreement" (RCEP) formally came into effect on January 1.
The reporter contacted and interviewed Chinese businessmen from RCEP member countries. They generally believed that the entry into force of RCEP would enable their businesses to take a ride on regional economic integration.
RCEP has a total of 15 member states, including 5 countries including China, Japan, South Korea, Australia, New Zealand and 10 ASEAN countries.
The economic volume and total trade volume of RCEP member countries account for about 30% of the global total.
Song Zhanyong, founder and president of Singapore's New China Consulting Group, told reporters that with the effective of RCEP, overseas Chinese businessmen are happy to see its success.
Because RCEP can effectively hedge the negative impact of the epidemic on the economy, promote trade and investment exchanges between China, Singapore and other ASEAN countries, and provide more opportunities for cooperation.
"There is a lot of room for cooperation between countries, and we start-ups that serve overseas companies can definitely benefit. Because our services include media public relations marketing and corporate management consulting. In the context of the era of bilateral cooperation, we look forward to being able to Participate in the tide of more Chinese companies going overseas to ASEAN, or ASEAN countries’ enterprises going to China for development, and assist in public relations, marketing, management consulting, etc. to help more companies succeed." Song Zhanyong said.
Lin Xing, a Chinese businessman living in the Philippines and Indonesia all year round and general manager of Xiamen Impromptu International Logistics Co., Ltd., told reporters that because his company is engaged in the logistics business between ASEAN countries and China, he paid attention to it when he learned that RCEP had reached an agreement.
As an international logistics company, I am very concerned about international trade tariffs.
"Our company imports light industrial accessories from China and sends them to the Philippines, Indonesia, Vietnam and other countries for product production, and then European and American customers place orders for purchase. The signing and implementation of RCEP has reduced tariff costs, increased corporate profits and increased costs. The decline is bound to give local Chinese businessmen more room for growth." Lin Xing said.
Lin Xing also said that when he communicated with his partners in the Philippines, he learned that many local companies have expectations for RCEP. They hope to use this to catch the express train of regional economic and trade integration, and at the same time, they can also use this to communicate with Chinese companies. There is more cooperation.
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