China-Singapore Finance, March 1st. On the 1st, the State Council Information Office held a press conference on "Adhering to Stable Words and Promoting High-Quality Business Development".

Minister of Commerce Wang Wentao mentioned at the meeting that the Ministry of Commerce will promote the implementation of the free trade zone promotion strategy, advance the negotiation of free trade agreements with the GCC, Ecuador, Israel, Norway, China, Japan and South Korea, and actively promote the China-ASEAN Free Trade Area Free trade agreements such as version 3.0 have been upgraded.

  Wang Wentao introduced that after nearly 20 years of hard work, China's free trade circle of friends has continued to expand. It has signed 19 free trade agreements with 26 countries and regions, and free trade partners cover Asia, Oceania, Latin America, Europe and Africa.

The trade volume between China and its free trade partners accounts for about 35% of the total trade volume.

  "On January 1 this year, the Regional Comprehensive Economic Partnership (RCEP) RCEP officially came into effect, which means that the world's most populous and largest free trade zone has officially landed. In the future, as the RCEP parties gradually reduce tariffs, I hope that enterprises can Paying attention to the rules of origin accumulation, these dividends will be gradually released, and enterprises will get more "real money" benefits." Wang Wentao said.

  He also said that in the future, the Ministry of Commerce will make efforts from the three aspects of "expansion, quality improvement and efficiency improvement", promote the implementation of the strategy of upgrading the free trade zone, effectively connect the two domestic and international markets and two resources, and achieve a higher level Open to the outside world to provide institutional guarantees and serve to build a new development pattern.

  "We are also continuing to promote the negotiation of free trade agreements with the GCC, Ecuador, Israel, Norway, China, Japan and South Korea, and actively promote the upgrading of free trade agreements such as the China-ASEAN Free Trade Area 3.0. We are also willing to cooperate with more economies. Discuss and negotiate the negotiation and signing of free trade agreements with the country. We actively participate in the negotiation of new rules such as digital economy and environmental protection, and jointly promote regional economic integration and trade and investment liberalization and facilitation.” Wang Wentao said.

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