RCEP: Asia-Pacific nations sign world’s biggest trade pact
25:50
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RCEP: Asia-Pacific nations sign world’s biggest trade pact
The China-backed RCEP deal excludes the US and will account for 30 percent of the world's economy and population.
Nov 15, 2020
RCEP Explained
RCEP Explained: The World’s Biggest Trading Bloc Will Soon be in Asia-Pacific
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An expert explains: What is RCEP, the world’s biggest trade deal?
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"Building a high-level #RCEP requires not only expanding the zero-tariff rate for goods, but also advancing high-level market openness for overall #trade in services within the region," said Chi Fulin, president of China Institute for Reform and Development, at the 2025 RCEP Media & Think Tank Forum on May 25. He stated that a high-level RCEP will be established upon markets and rules, and it will bring about inclusive and sustainable growth within the region. | China Daily
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"Building a high-level #RCEP requires not only expanding the zero-tariff rate for goods, but also advancing high-level market openness for overall #trade in services within the region," said Chi Fulin, president of China Institute for Reform and Development, at the 2025 RCEP Media & Think Tank Forum on May 25. He stated that a high-level RCEP will be established upon markets and rules, and it will bring about inclusive and sustainable growth within the region. | China Daily
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