Ministry of Commerce: Implementing RCEP with high quality, actively promoting the process of joining CPTPP and DEPA.

date
20/07/2025
Minister of Commerce Wang Wentao stated at the "High-Quality Completion of the 14th Five-Year Plan" series of themed press conference held by the State Council Information Office on July 18 that the pace of high-level opening up to the outside world is accelerating, and the situation of win-win cooperation is continuously expanding. The negative list for foreign investment access continues to shrink, with all restrictions on access to the manufacturing sector being completely lifted, and opening trials in value-added telecommunications, biotechnology, and other service industries are being carried out in an orderly manner. The 22 pilot free trade zones effectively play the role of a comprehensive experimental platform for reform and opening up, actively aligning with international high-standard economic and trade rules, and conducting trials in advance. The orderly expansion of autonomous and unilateral opening up is being carried out, giving the least developed countries and African countries with diplomatic relations with China 100% tariff-free treatment for their products. The high-quality implementation of the RCEP, actively promoting the process of joining the CPTPP and DEPA. By 2024, China's share of goods trade with its free trade partners reached 43%.