Ministry of Commerce: Ready to implement the RCEP agreement to ensure that all open measures are in place

From January 1, 2022, the RCEP agreement will be officially implemented. The Ministry of Commerce stated that the entry into force of the agreement will greatly boost confidence in economic recovery in the context of the epidemic, effectively hedge against the negative impact of the new crown pneumonia epidemic on the economy, and inject new impetus into China’s economic growth. At the same time, in order to support enterprises to make good use of the RCEP agreement, the Ministry of Commerce will promote the development of trade in goods with relevant departments, ensure that the preferential rules of origin are effective, and ensure that all open measures are in place.

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