[Commentary] Initiated by ASEAN in 2012, it lasted for 8 years and was formulated by 15 members including China, Japan, South Korea, Australia, New Zealand and ten ASEAN countries. Effective on the 1st of the month.
Xu Ningning, executive chairman of the China-ASEAN Business Council, chief business expert of China-ASEAN, and chairman of the RCEP Industrial Cooperation Committee, recently accepted an exclusive interview with China News Agency "East-West Question" to interpret the impact of the implementation of RCEP on China-ASEAN cooperation and the world economy.
[Explanation] Xu Ningning introduced that RCEP has many facilitation and liberalization clauses and contents for service trade and investment trade, which is very beneficial to promoting China-ASEAN cooperation.
With the official implementation of RCEP, the cooperation between China and ASEAN will gain more new opportunities for deep market integration based on the previous FTA framework.
At the same time, Xu Ningning also believes that after the RCEP takes effect, it will inject new vitality into the growth of the world economy.
[Concurrent] Xu Ningning, Chairman of RCEP Industrial Cooperation Committee
In terms of the highlights of world economic growth today, there is nothing bigger than RCEP, because after all, it is the largest in the world with 30% of the global population, 30% of global trade and 30% of global GDP. free trade zone.
[Commentary] Xu Ningning said that the effective implementation of RCEP will surely push China-ASEAN cooperation to a higher level.
China and ASEAN are each other's largest trading partners and important investment partners.
The implementation of RCEP has made East Asia the growth engine of the world economy, and the driving force of this engine is mainly China and ASEAN.
[Concurrent] Xu Ningning, Chairman of RCEP Industrial Cooperation Committee
(In) promoting the construction of RCEP, ASEAN plays a leading role, and China plays an important role in promoting it. It can be said that China and ASEAN have closely cooperated in jointly promoting the negotiation of RCEP and even the entry into force of various countries, so as to jointly promote and promote each other.
[Explanation] In Xu Ningning's view, RCEP can not only speed up economic and trade cooperation between countries in the region, but also help attract foreign companies to invest in RCEP countries.
The implementation of RCEP will push the Asia-Pacific regional economic integration into a new stage of development. The member countries will open up their markets to each other to develop the potential of regional development, promote the recovery and growth of the regional economy, and jointly cope with the instability of the world economy.
[Explanation] Xu Ningning pointed out that after the implementation of RCEP, the integrated development of member states will benefit regional stability and the improvement and development of mutual relations.
At present, some RCEP member states have encountered some problems in their relations with China. In the process of implementing RCEP, they hope to improve bilateral relations as soon as possible, increase good-neighborliness and friendship, and jointly promote the construction of RCEP.
[Concurrent] Xu Ningning, Chairman of RCEP Industrial Cooperation Committee
In the case of RCEP, FTI is an economic concept, and it is implemented by us following economic laws.
Therefore, if the political relationship between individual countries and China is not smooth, and the current situation is not very friendly, politically, we hope to improve bilateral political relations as soon as possible, increase good-neighborliness and friendship, and jointly achieve its expectations with the entry into force of RCEP. The purpose is to enable this agreement to actually (give) countries (bring) the benefits of economic growth.
Zhang Guangquan, Jiang Xuelin, Chen Yanyou, Nanning
Responsible editor: [Wang Kai]