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15 member countries have completed the entry into force of the RCEP "circle of friends"

On June 1, good news came from Zhengzhou Customs that the Regional Comprehensive Economic Partnership Agreement (RCEP) entered into force for the Philippines on June

June 2 for the Philippines officially entered into force. Since January 1 last year to date, all 15 member countries have completed the entry into force procedure and achieved

"reunion", RCEP has entered a new phase of full implementation.


RCEP regional large market is becoming one of the most important emerging markets for overseas trade in Henan. 2022 year, the

Henan's import and export to RCEP member countries 255.22 billion yuan, an increase of 15.9% year-on-year, the import and export volume in the province's total foreign trade

The proportion of the total foreign trade of the province was raised to 29.9%. Since this year, in the face of the complex foreign trade situation, the first four months, Henan to

RCEP member countries import and export 77.82 billion yuan, the growth rate still reached 8.4%, higher than the overall growth rate of the province's foreign trade, especially

Is the import and export to ASEAN countries 35.47 billion yuan, an increase of up to 25.8% year-on-year, strong momentum.


"The favorable policy, especially the tariff reduction, brings new opportunities for more Henan enterprises to enter the agreement member countries." Zhengzhou

Customs people ten introduced, from last year to May this year, Zhengzhou Customs issued a total of 7480 RCEP certificates of origin

The value of goods exceeded 3 billion yuan, the province's imports under the RCEP declaration to enjoy the value of 189 million yuan, enterprises received a total of tariff reductions

2.217 million yuan, enjoy the dividends in real terms.

The last member country to join the "circle of friends", the Philippines, is an important trading partner of Henan. The first four months of this year

In the first four months of this year, Henan's foreign trade with the Philippines amounted to 1.94 billion yuan, an increase of 113.9% year-on-year. It is predictable that this

growth will continue to rise. Under the RCEP framework, the Philippines' commitment to China's zero-tariff goods is as high as

91.3%, which will undoubtedly promote the economic and trade between the two sides to heat up significantly.

The RCEP, which is entering its full implementation phase, will bring the world's largest free trade market and a more comprehensive, modern, high-quality and mutually beneficial

The RCEP will bring the world's largest free trade market and a more comprehensive, modern, high-quality and mutually beneficial FTA. UNCTAD's research shows that by 2025, the

RCEP will bring more than 10% export growth to its 15 members. How should the province seize the opportunity?

"Henan should enhance the sense of urgency to transform and upgrade, and improve its ability to participate in international cooperation and competition." Provincial government

Dr. Zheng Guangjian, Development Research Center, believes that RCEP will build a good business environment up to international obligations, and Henan should

accelerate the pace of building a market-oriented, rule of law and international business environment, and find ways to provide enterprises with more detailed

The market classification guidance and more adequate country-specific environmental policy information, through the provision of preferential tariff policy, certificate of origin, customs clearance facilitation, and the provision of a more detailed and comprehensive business environment.

By providing a package of solutions such as preferential tariff policy, certificate of origin application, customs clearance facilitation, etc., we help enterprises to develop member countries' markets in a targeted manner.

In the view of Professor Cao Yajun of Henan Foreign Trade Quality Development Institute, it is crucial to enhance the core competitiveness of the "intermediate goods" of the industrial chain.

The key is to enhance the core competitiveness of the industrial chain. She gave an example from two dimensions, "Henan should make full use of the low cost of Southeast Asian countries and

The complementarity of our province's light industry and textile industry categories, to promote our province's light industry and textile reasonable layout of the industrial chain, to reduce costs and increase efficiency to achieve intelligent industrial upgrading.

Increase efficiency to achieve intelligent industrial upgrading development. In addition, continue to consolidate and expand the advantages of high-end manufacturing exports, and strengthen the


Japan and South Korea new energy, new materials, consumer electronics and other advanced manufacturing high-end elements to undertake, "bring in" and "outGo', in a larger market to achieve high-quality development."