Shandong promotes agricultural products export with RECP members
3 years, 3 months ago

Shandong promotes agricultural products export with RECP members

China Daily  

East China's Shandong province held an online exhibition to promote agricultural products export with RCEP countries on Aug 26. RCEP member countries have always been important agricultural trade partners of Shandong, said local officials. In 2020, the trade volume of agricultural products between Shandong and RCEP countries reached 89.42 billion yuan, with 69.35 billion yuan in exports and 20.07 billion yuan in imports. With the signing of the RCEP agreement, agricultural trade between Shandong and RCEP member countries will be closer and cooperation areas will be broader, said local officials.

Shandong Agricultural Rcep Rcep Countries  countries  recp  billion  cooperation  trade  agricultural  yuan  promotes  shandong  export  products  rcep  exhibition  members

History of this topic

RCEP cooperation to continue growing, forum hears
2 months, 4 weeks ago

RCEP cooperation to continue growing, forum hears

China Daily  

MA XUEJING/CHINA DAILY Cooperation among Regional Comprehensive Economic Partnership economies will continue to flourish and create benefits for the people of the region, a forum in South China's Nanning, Guangxi Zhuang autonomous region, opined on Tuesday. RCEP allows the Association of Southeast Asian Nations to progress toward a new level of regional economic integration, laying the foundation for a thriving …

Shandong welcomes foreign investment with open arms
4 months ago

Shandong welcomes foreign investment with open arms

China Daily  

According to a news conference held by the State Council Information Office on Aug 16, the fifth Qingdao Multinationals Summit will be held in Qingdao, a coastal city in East China's Shandong, from Aug 27 to 29. Shandong has emerged as a highly attractive destination for foreign investment thanks to its robust economic growth and comprehensive industrial base. Moreover, Shandong …

Expanded horizons
5 months, 1 week ago

Expanded horizons

China Daily  

WANG XIAOYING/CHINA DAILY While the renminbi is being more widely used in China's cross-border payments with Regional Comprehensive Economic Partnership member countries, the US dollar remains the dominant currency used in settlements and payments between other RCEP members, and RCEP cross-border clearing mainly relies on the SWIFT system. First, compared with high-standard free trade agreements, the RCEP needs to strengthen …

Expanded horizons
5 months, 1 week ago

Expanded horizons

China Daily  

WANG XIAOYING/CHINA DAILY While the renminbi is being more widely used in China's cross-border payments with Regional Comprehensive Economic Partnership member countries, the US dollar remains the dominant currency used in settlements and payments between other RCEP members, and RCEP cross-border clearing mainly relies on the SWIFT system. First, compared with high-standard free trade agreements, the RCEP needs to strengthen …

Shandong gears up for foreign trade growth in 2024
8 months, 1 week ago

Shandong gears up for foreign trade growth in 2024

China Daily  

Shandong achieved robust growth in foreign trade in 2023. Shandong is prioritizing the cultivation of new drivers of foreign trade growth in 2024 in an effort to achieve stable and high-quality foreign trade development and expand opening-up. A raft of new policies has been rolled out this year, focusing on fostering leading enterprises in the supply chain, driving the development …

RCEP fuels regional growth amid economic recovery, challenges
11 months, 2 weeks ago

RCEP fuels regional growth amid economic recovery, challenges

China Daily  

A staff member loads packed durians into a truck at a processing facility in Chumphon, Thailand. Two years on, the world's largest free trade pact in terms of population and trade volume, has unleashed tremendous benefits for regional integration in the Asia-Pacific region and powered up economic recovery. The ASEAN remained China's largest trading partner in the first 11 months …

RCEP boosts Shandong enterprises' global trade opportunities
11 months, 2 weeks ago

RCEP boosts Shandong enterprises' global trade opportunities

China Daily  

Residents apply for document in customs office. Shandong enterprises have seized remarkable opportunities in the wake of the Regional Comprehensive Economic Partnership taking effect two years ago, marking a milestone in the region's economic collaboration. With the world's largest free trade area in operation since Jan 1, 2022, Shandong's strategic geographic and industrial advantages have positioned it as a potential …

RCEP boosts Shandong enterprises' global trade opportunities
11 months, 2 weeks ago

RCEP boosts Shandong enterprises' global trade opportunities

China Daily  

Residents apply for document in customs office. Shandong enterprises have seized remarkable opportunities in the wake of the Regional Comprehensive Economic Partnership taking effect two years ago, marking a milestone in the region's economic collaboration. With the world's largest free trade area in operation since Jan 1, 2022, Shandong's strategic geographic and industrial advantages have positioned it as a potential …

Shandong issues 255,000 RCEP certificates of origin
1 year, 3 months ago

Shandong issues 255,000 RCEP certificates of origin

China Daily  

By the end of July, East China's Shandong province had issued 255,000 certificates of origin under the Regional Comprehensive Economic Partnership, ranking it first in the country by this metric. The certificates involved 67.61 billion yuan of exported goods, and local enterprises can enjoy tariff concessions of nearly 700 million yuan in destination countries. Increasing numbers of foreign trade enterprises …

RCEP boosts confidence in trade, regional cooperation
1 year, 6 months ago

RCEP boosts confidence in trade, regional cooperation

China Daily  

HEFEI - On June 2, the day the Regional Comprehensive Economic Partnership entered into force in the Philippines, Chizhou Customs in East China's Anhui province issued an RCEP Certificate of Origin for a batch of goods exported to the Southeast Asian country. Yang Jun, chairman of Conch Group Co Ltd, a leader in China's cement industry, said on Friday that …

Shandong sees sustained momentum in RCEP trade
1 year, 7 months ago

Shandong sees sustained momentum in RCEP trade

China Daily  

East China's Shandong province has been focusing on boosting exports to other signatory economies of the Regional Comprehensive Economic Partnership agreement, which will help sustain the province's foreign trade growth this year. In the first quarter of this year, Shandong's imports and exports to other RCEP member states increased by 14.3 percent year-on-year to 290.82 billion yuan, accounting for 38 …

Chinese cities' RCEP trade push expected to sustain momentum
1 year, 9 months ago

Chinese cities' RCEP trade push expected to sustain momentum

China Daily  

China's inland cities will increase their use of the country's railroad links to seaports in order to boost exports to other signatory economies of the Regional Comprehensive Economic Partnership agreement, which will help sustain the country's foreign trade growth this year, said government officials and market observers. As the RCEP has spurred trade among signatory countries since January 2022, Huaihua …

RCEP boosts trade growth amid gloomy global outlook
1 year, 10 months ago

RCEP boosts trade growth amid gloomy global outlook

China Daily  

An employee operates a production machine at a workshop of Jiangsu Golden Autumn Elastic Fabrics Co Ltd in Nantong, Jiangsu province, on April 18. "Since the RCEP went into effect on Jan 1, 2022, especially after China recently allowed the importation of a number of Vietnamese agricultural products such as durian, bird's nest, sweet potato and passion fruit, Vietnamese enterprises …

Agreement injects impetus into Asia-Pacific trade
1 year, 11 months ago

Agreement injects impetus into Asia-Pacific trade

China Daily  

While most people were enjoying a good rest to usher in the New Year, warehouses in Guangxi Wuzhou Rixin Plastics Industrial Co Ltd were moving into top gear for a new consignment of exports. The RCEP agreement, which entered into force on Jan 1, 2022, comprises 15 Asia-Pacific countries, including 10 ASEAN member states and five major trading partners — …

Shandong foreign trade benefits from RCEP
1 year, 11 months ago

Shandong foreign trade benefits from RCEP

China Daily  

As the Regional Comprehensive Economic Partnership agreement, or RCEP, has been implemented in more countries, foreign trade companies in Shandong have been leveraging the chance to achieve further development. In 2022, Yantai Longda Foostuffs Co applied for 1,083 RCEP certificates of origin from customs, with the value of export benefits reaching 291 million yuan. Among them, trade made with countries …

Chinese exporters see win-win deals as RCEP takes effect in Indonesia
1 year, 11 months ago

Chinese exporters see win-win deals as RCEP takes effect in Indonesia

China Daily  

Engineering machinery is loaded at Yantai Port, Shandong province, for export to Indonesia. Indonesia's new regulations have specified the procedure of obtaining certificates of origin for goods exported from the Southeast Asian country, as part of implementing the RCEP agreement, said Indonesian Trade Minister Zulkifli Hasan. According to Sun's calculations, the new policy could help his company save more than …

Shandong sees robust trade growth in H1
2 years, 5 months ago

Shandong sees robust trade growth in H1

China Daily  

Containers are unloaded at Qingdao Port in Shandong province. In June alone, Shandong's foreign trade jumped 16.1 percent year-on-year to 304.9 billion yuan. In the first half of this year, general trade imports and exports in Shandong reached 1.04 trillion yuan, up 15.3 percent year-on-year, accounting for 66.3 percent of the province's total foreign trade volume. Trade between Shandong and …

Relations with MNCs being enhanced under RCEP
2 years, 5 months ago

Relations with MNCs being enhanced under RCEP

China Daily  

As a window for China's opening-up, the coastal city of Qingdao in Shandong province is participating in international economic and trade cooperation. Accounting for roughly 30 percent of the world's population, GDP and trade, RCEP countries create the world's largest free trade bloc by economic size, making it the biggest driver of global economic growth. Lu Zhiyuan, deputy Party secretary …

Shandong's foreign trade increases by 17.3% in Jan-May
2 years, 6 months ago

Shandong's foreign trade increases by 17.3% in Jan-May

China Daily  

Vehicles for export await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY In the first five months of this year, Shandong's foreign trade volume reached 1.27 trillion yuan, up 17.3 percent year-on-year, according to statistics from the local customs authorities. During this period, the province's exports reached 757.25 billion yuan, up 26.8 percent, while its imports totaled 512.78 …

Shandong's foreign trade increases by 17.3% in Jan-May
2 years, 6 months ago

Shandong's foreign trade increases by 17.3% in Jan-May

China Daily  

Vehicles for export await shipment at Yantai Port, Shandong province. TANG KE/FOR CHINA DAILY In the first five months of this year, Shandong's foreign trade volume reached 1.27 trillion yuan, up 17.3 percent year-on-year, according to statistics from the local customs authorities. During this period, the province's exports reached 757.25 billion yuan, up 26.8 percent, while its imports totaled 512.78 …

China's Shandong sees trade growth with RCEP members
2 years, 7 months ago

China's Shandong sees trade growth with RCEP members

China Daily  

Containers are unloaded from a ship at a port of Qingdao, East China's Shandong province, on Feb 17, 2020. JINAN - East China's Shandong province reported its trade with members of the Regional Comprehensive Economic Partnership neared 357.4 billion yuan from January to April, an increase of 19.9 percent year-on-year. "More than 100 import enterprises have seen nearly 51 million …

RCEP to help upgrade, boost economic growth
2 years, 7 months ago

RCEP to help upgrade, boost economic growth

China Daily  

Workers operate on a production line for export-bound electronic devices at a factory in Pingxiang, Guangxi Zhuang autonomous region. "As Chinese importers face multiple pressures, the RCEP is expected to provide more growth room for the nation's exports through creating new market demand with tariff concessions," said Zhou Mi, a senior researcher at the Chinese Academy of International Trade and …

Weihai witnesses growing trade with RCEP members in Q1
2 years, 7 months ago

Weihai witnesses growing trade with RCEP members in Q1

China Daily  

Haiyue Lighthouse,a landmark of Weihai, Shandong province Weihai's trade with members of the Regional Comprehensive Economic Partnership expanded 10.2 percent year-on-year to 23.79 billion yuan in the first quarter of 2022, accounting for more than 50 percent of the city’s total, according to statistics from Weihai customs. The RCEP agreement, which took effect at the beginning of this year, has …

Weihai witnesses growing trade with RCEP members in Q1
2 years, 7 months ago

Weihai witnesses growing trade with RCEP members in Q1

China Daily  

Haiyue Lighthouse,a landmark of Weihai, Shandong province Weihai's trade with members of the Regional Comprehensive Economic Partnership expanded 10.2 percent year-on-year to 23.79 billion yuan in the first quarter of 2022, accounting for more than 50 percent of the city’s total, according to statistics from Weihai customs. The RCEP agreement, which took effect at the beginning of this year, has …

Shandong, ASEAN hold online trade exhibition
2 years, 8 months ago

Shandong, ASEAN hold online trade exhibition

China Daily  

The Shandong-ASEAN Two-Way Trade Online Exhibition kicked off on April 20 to facilitate trade and investment cooperation amid the COVID-19 pandemic. More than 300 Shandong companies and over 100 overseas merchants from Singapore, Indonesia, Thailand, and other ASEAN countries are participating in the online trade event, which cover mechanical, electrical and agricultural products, building materials, daily consumer goods, chemicals, and …

Shandong guides local enterprises to seize RCEP opportunities
2 years, 8 months ago

Shandong guides local enterprises to seize RCEP opportunities

China Daily  

Shandong has launched nine measures to encourage export-oriented industries and enterprises in the province to better seize opportunities arising from the Regional Comprehensive Economic Partnership agreement. The move is designed to make good use of the rules and facilitation measures in the agreement, which is the world's largest trade agreement, and to promote high-level opening-up of Shandong, local customs authorities …

Action taken to ensure foreign trade growth
2 years, 9 months ago

Action taken to ensure foreign trade growth

China Daily  

Vehicles are assembled at Cowin Auto's plant in Yibin, Sichuan province, for export to a total of 10 countries and regions. This huge integrated regional market, with closer ties in production, value and supply chains, will see significant growth in goods and services trade and enhanced economic welfare, thanks to a reduction in trade and investment barriers. The trade pact …

Coastal province to ride wave of expansive trade agreement
2 years, 11 months ago

Coastal province to ride wave of expansive trade agreement

China Daily  

RCEP helps Shandong forge stronger links with booming East Asian economies Coastal Shandong province is poised to play a larger role in economic integration with Japan and South Korea by utilizing opportunities offered by the Regional Comprehensive Economic Partnership agreement, which now encompasses China and the two big East Asian economies in the same free trade framework for the first …

RCEP galvanizes Shinan's high-speed development
2 years, 11 months ago

RCEP galvanizes Shinan's high-speed development

China Daily  

With the Regional Comprehensive Economic Partnership or RCEP trading agreement having come into effect on Jan 1, Shinan district – located in Qingdao city in East China's Shandong province – is tapping its potential and moving to create an attractive and quality environment that will galvanize the development of foreign trade, according to local media reports on Jan 13. Fifteen …

RCEP takes effect; boon for Asia-Pacific
2 years, 11 months ago

RCEP takes effect; boon for Asia-Pacific

China Daily  

Qingdao Port is a subsidiary of Shandong Port Group, the world's largest port conglomerate in terms of cargo capacity. Chinese consumers are likely to buy more quality imported fruits and vegetables at good prices as the Regional Comprehensive Economic Partnership, or RCEP, took effect on Saturday, officials and experts said. Shandong Port Group, the world's largest port conglomerate in terms …

RCEP takes effect; boon for Asia-Pacific
2 years, 11 months ago

RCEP takes effect; boon for Asia-Pacific

China Daily  

Qingdao Port is a subsidiary of Shandong Port Group, the world's largest port conglomerate in terms of cargo capacity. Chinese consumers are likely to buy more quality imported fruits and vegetables at good prices as the Regional Comprehensive Economic Partnership, or RCEP, took effect on Jan 1, officials and experts said. Shandong Port Group, the world's largest port conglomerate in …

World's largest free trade deal boosts confidence of enterprises
2 years, 11 months ago

World's largest free trade deal boosts confidence of enterprises

China Daily  

BEIJING -- Soon after midnight on New Year's Day, a freight train departed from South China's Guangxi Zhuang autonomous region for Vietnam, a member country of the Regional Comprehensive Economic Partnership. The RCEP -- the world's largest free trade deal -- came into force on Saturday. "The company and overseas partners both benefit a lot from following the trend of …

RCEP comes into effect on first day of 2022
2 years, 11 months ago

RCEP comes into effect on first day of 2022

China Daily  

BEIJING - The Regional Comprehensive Economic Partnership agreement, the world's largest free trade agreement, entered into force on Saturday. After the agreement takes effect, more than 90 percent of merchandise trade among members that have approved the agreement will eventually be subject to zero tariffs. With optimized trade rules among signatories, streamlined procedures and wider opening-up in the sectors of …

Asia looks to China-focused trade bloc for virus recovery
2 years, 11 months ago

Asia looks to China-focused trade bloc for virus recovery

Associated Press  

BANGKOK — Members of a China-centered Asian trade bloc that takes effect Jan. 1 are hoping the initiative, encompassing about a third of world trade and business activity, will help power their recoveries from the pandemic. Beijing is fully prepared for the new trading bloc, having already fulfilled 701 “binding obligations” for RCEP, Chinese vice minister for commerce Ren Hongbin …

RCEP poised to boost trade, investment in Asia-Pacific
3 years, 1 month ago

RCEP poised to boost trade, investment in Asia-Pacific

China Daily  

By ZHAO RUINAN| China Daily| Updated :2021-11-24 The Regional Comprehensive Economic Partnership will facilitate trade and investment in the Asia-Pacific region, boost post-pandemic economic recovery and set an example for regional and multilateral cooperation, analysts said. The trade deal, which is designed to remove tariffs on about 90 percent of goods, will facilitate trade and investment in the region, especially …

RCEP poised to boost trade, investment in Asia-Pacific
3 years, 1 month ago

RCEP poised to boost trade, investment in Asia-Pacific

China Daily  

The Regional Comprehensive Economic Partnership will facilitate trade and investment in the Asia-Pacific region, boost post-pandemic economic recovery and set an example for regional and multilateral cooperation, analysts said. The trade deal, which is designed to remove tariffs on about 90 percent of goods, will facilitate trade and investment in the region, especially as it will follow the past two …

Shandong foreign trade up 36% in first 10 months
3 years, 1 month ago

Shandong foreign trade up 36% in first 10 months

China Daily  

Customs officers verify documentation related to foreign trade containers at an international container terminal of Yantai Port in Shandong province on Oct 12. East China's Shandong province generated around 2.39 trillion yuan in imports and exports in the first 10 months of this year, up 36 percent year-on-year and 43.2 percent higher than the same period in 2019, according to …

Shandong hosts RCEP high-level dialogue in Shanghai
3 years, 1 month ago

Shandong hosts RCEP high-level dialogue in Shanghai

China Daily  

Shandong province hosted the "RCEP High-level Dialogue on Economic and Trade Cooperation" event on Nov 6 during the fourth China International Import Expo in Shanghai. Shandong hosts the "RCEP High-level Dialogue on Economic and Trade Cooperation" event on Nov 6 in Shanghai. The event, hosted by the Shandong Provincial People's Government, focused on the two RCEP core rules of trade …

Shandong deepens trade cooperation with Japan
3 years, 4 months ago

Shandong deepens trade cooperation with Japan

China Daily  

Facing each other across the sea, East China's Shandong province and Japan enjoy close economic and trade exchanges. Official statistics show that in the first half of this year, Shandong's import and export trade with Japan totaled 86.83 billion yuan, up 21.3 percent year-on-year. Lyu Wei, deputy director of the Shandong Provincial Department of Commerce, said that Shandong attaches great …

Shandong to host activities on RCEP opportunities
3 years, 4 months ago

Shandong to host activities on RCEP opportunities

China Daily  

The RCEP agreement, which was signed last November, groups 15 Asia-Pacific countries, including China and 10 members of the Association of Southeast Asian Nations, to make the world's biggest free trade bloc that covers nearly one-third of global population as well as GDP. Three import commodities fairs will be held in Shandong province in the coming months to facilitate regional …

Qingdao hosts RCEP forum for economic and trade cooperation
3 years, 7 months ago

Qingdao hosts RCEP forum for economic and trade cooperation

China Daily  

The RCEP Qingdao Pilot Innovation Base for Economic and Trade Cooperation starts construction on Jan 18. The Regional Comprehensive Economic Partnership High-level Forum for Economic and Trade Cooperation was launched in the eastern coastal city of Qingdao, Shandong province on April 25. Lin Yuhui, secretary-general of ASEAN Secretariat, said that the RCEP agreement has led to modern, comprehensive, high-quality, and …

Shandong brings RCEP benefits to companies
3 years, 8 months ago

Shandong brings RCEP benefits to companies

China Daily  

The province of Shandong in East China has intensified efforts to strengthen related training to help enterprises know more about the Regional Comprehensive Economic Partnership cumulative rules. The Cumulative Rules of Origin, which applies to the RCEP, will greatly lower tariff thresholds and promote regional trade cooperation, said Shandong officials. In addition, Shandong will introduce leading e-commerce enterprises to open …

Shandong to boost global trade with RCEP opportunities
3 years, 10 months ago

Shandong to boost global trade with RCEP opportunities

China Daily  

Shandong will seize the opportunities brought about by the signing of the Regional Comprehensive Economic Partnership agreement and further global trade growth, said local officials. According to this year's Shandong Provincial Government Work Report, the province will build a local economic and trade cooperation pilot zone of RCEP. Last year, amid the global pandemic, cities in Shandong launched a series …

Shandong to seize RCEP opportunities in new era
3 years, 10 months ago

Shandong to seize RCEP opportunities in new era

China Daily  

Shandong's top officials highlighted the need to seize opportunities arising from the signing of the Regional Comprehensive Economic Partnership agreement and explore new areas for international trade and commerce during the fifth session of the 13th Shandong Provincial People's Congress. According to this year's Shandong provincial government work report, the province will build an RCEP pilot zone for local economic …

Tianjin envisions growing importance with signing of RCEP
4 years ago

Tianjin envisions growing importance with signing of RCEP

China Daily  

The recent formal signing of the Regional Comprehensive Economic Partnership agreement by 15 states, marking the birth of the world's largest free trade area, will increase Tianjin’s importance as the international shipment spot in northern China. By lowering tariffs and non-tariff barriers between the members and expanding market access to services and investment, the deal promotes regional trade and investment …

Tianjin envisions growing importance with signing of RCEP
4 years ago

Tianjin envisions growing importance with signing of RCEP

China Daily  

The recent formal signing of the Regional Comprehensive Economic Partnership agreement by 15 states, marking the birth of the world's largest free trade area, will increase Tianjin’s importance as the international shipment spot in northern China. By lowering tariffs and non-tariff barriers between the members and expanding market access to services and investment, the deal promotes regional trade and investment …

Significant stepping stone
4 years ago

Significant stepping stone

China Daily  

The Regional Comprehensive Economic Partnership will likely shape the future of trade in Asia and beyond CAI MENG/CHINA DAILY The signing of the Regional Comprehensive Economic Partnership agreement on Nov 15 concluded eight years of negotiations among the members of the Association of Southeast Asian Nations, Australia, China, Japan, the Republic of Korea and New Zealand. In 2018, the overall …

RCEP and China: A deal that can make a difference
4 years ago

RCEP and China: A deal that can make a difference

The Hindu  

Amonth after the signing of the Regional Comprehensive Economic Partnership agreement by 15 countries in the Asia-Pacific region, speculation on what its economic and strategic fallout could be has waned. Moreover, other than reducing tariffs from already low levels and harmonising clauses relating to different aspects of trade in the different agreements that rule in the region, the new deal …

Discover Related