The reporter learned from the Ministry of Commerce today that in the first November of this year, the total import and export volume between my country and other members of the Regional Comprehensive Economic Partnership Agreement (RCEP) was 11.8 trillion yuan, a year-on-year increase of 7.9%, accounting for 30.7% of my country's total foreign trade import and export. Among them, my country's exports to other members of RCEP reached 6.0 trillion yuan, a year-on-year increase of 17.7%, exceeding the overall growth rate of national exports by 5.8 percentage points.
It is understood that since RCEP came into effect on January 1, 2022, the Ministry of Commerce, together with relevant departments, has guided and supported localities, industries and enterprises to seize the opportunities of RCEP, make efficient use of various preferential policies, and promote the gradual release of the policy dividends of the agreement. Member trade continued to grow rapidly.
In the next step, the Ministry of Commerce will continue to work with relevant departments to promote the high-quality implementation of RCEP and other free trade agreements, guide localities, industries and enterprises to make full use of the agreements, and continuously improve the comprehensive utilization efficiency of free trade agreements.
