In 2025, the Regional Comprehensive Economic Partnership (RCEP) will enter the full implementation stage, and the policy dividends of tariff reductions, unified rules, etc., of each member country will continue to be released, pushing regional economic and trade cooperation to a new level. Data show that in the first two quarters of this year, China's imports and exports to RCEP member countries increased by 12% year-over-year. Among these, the export of high-value-added products, such as new energy vehicles and electronic components, performed well.
The ASEAN manufacturing industry has accelerated the transfer of industrial chains from China, Japan, and South Korea, and the regional value chain has been deeply integrated. Small and medium-sized enterprises have significantly reduced compliance costs through the rules of cumulation of origin, and cross-border e-commerce and green trade have become new growth points. Experts pointed out that RCEP, combined with the needs of industrial upgrading in various countries, is reshaping the Asia-Pacific economic landscape and injecting certainty into global trade in the post-epidemic era.
