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Facing the complicated developments at home and broad, how will MOFCOM and related departments help enterprises better capitalize on FTAs, especially how will you expedite the release of dividends from the RCEP Agreement?(2022-06-16)

MOFCOM sets great store by improving enterprises’ ability of utilizing FTAs. To help enterprises get familiar with, apply the RCEP Agreement and enjoy more dividends of regional opening-up, we are making the following efforts.

First, stepping up efforts to implement the Guiding Opinions on the High-quality Implementation of the RCEP Agreement. We are further encouraging local governments, various sectors and businesses to seize the development opportunities presented by the RCEP agreement and coordinating different fronts. We are helping businesses adapt to a more open environment and more competition, and expand their regional and global market to tap the benefits of the RCEP Agreement continuously.

Second, vigorously organizing series of training programs on the RCEP Agreement nationwide. On the basis of the three nationwide training programs successfully organized last year, this year we made a reinforced, more targeted whole-year training plan that covers a wider scope to help businesses learn to make good use of the preferential policies in the agreement. To date, four series of training on RCEP have been organized successfully, covering companies around China, including those at and below county level. Over 250,000 trainees attended the training. Going forward, we will continue to make the training courses more professional and targeted by taking into account localities’ and businesses’ requests, cover more MSMEs, and benefit more businesses.

Third, providing companies with good public services. We will give full play to the role of the China FTA Network as a public service platform to publish information and provide online consultancy, and provide one-stop services to make it easier for businesses to search for preferential treatment accorded by agreements, learn rules and information such as nation-specific business climate and IPR services. On top of that, we will tap synergies by encouraging customs authorities, councils for the promotion of international trade and local governments to develop FTA-related public service platforms to provide guidance for businesses on applying for and enjoying tariff concessions and making good use of the rules in the agreements. Thank you.