RCEP helps world economy overcome difficulties

chinadaily.com.cn | Updated: 2023-02-03 06:40
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Enabling partners to share in China's opening-up

Containers at a port in Qingdao, East China's Shandong province, on Jan 22, 2023. [Photo/VCG]

RCEP's entry into force enabled partners to more fully share the opportunities and development dividends of China's opening-up.

From January to November 2022, the total import and export volume between China and other RCEP members reached 11.8 trillion yuan ($1.75 trillion), up 7.9 percent year-on-year and accounting for 30.7 percent of China's total foreign trade volume.

China's export to other RCEP members increased 17.7 percent year-on-year, 5.8 percentage points higher than China's overall export growth, according to the Ministry of Commerce.

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