On October 10, the third meeting of the Industrial Cooperation Committee of the Regional Comprehensive Economic Partnership Agreement (RCEP) was held online and offline. Xu Ningning, chairman of the RCEP Industrial Cooperation Committee, said in his speech that since the RCEP Agreement came into effect nine months ago, in the face of the current unstable international political and economic situation, the business circles of countries in the RCEP region are promoting the construction of regional comprehensive economic partnership through innovative and pragmatic cooperation, developing Regional economic growth potential and space.
Lu Kejian, executive member of the RCEP Industrial Cooperation Committee and former director of the Asian Department of the Ministry of Commerce of China, presided over the meeting. Liu Xin, secretary-general of the RCEP Industrial Cooperation Committee, informed the work of the RCEP Industrial Cooperation Committee. Leaders of competent departments and representatives of entrepreneurs attended the meeting. Xu Ningning put forward seven suggestions on seizing the opportunity of RCEP market opening and enhancing cooperation and development, which was reached as the "Consensus of the Conference" through the exchanges between the participants. The "Consensus of the Conference" emphasized that all signatory countries should earnestly implement the RCEP agreement, strengthen goals and measures, focus on resolving and breaking through constraints and obstacles, and work together to tap the potential of regional economic growth.
Luo Weijian, chairman of the Malaysian Chamber of Commerce in China, said that as of 2021, China has been Malaysia's largest trading partner for 13 consecutive years, and Malaysia will be China's ninth largest trading partner in 2021. These data show that Malaysia and China have close economic and trade exchanges and economic interdependence. Complementary advantages.
Cai Weicai, senior vice president of Thailand's Kaitai Bank, said that under the RCEP framework, Thailand can benefit most from a closer supply chain with East Asia in the short term, further consolidating Thailand's position as an ASEAN production center.
