How can enterprises fully understand and make good use of RCEP?

On January 26, at the special press conference on "Guiding Opinions on High-quality Implementation of RCEP" (hereinafter referred to as "Guiding Opinions") held by the Ministry of Commerce, some media asked: "Guiding Opinions" spent a large amount of time talking about It is necessary to help enterprises make good use of RCEP, develop foreign trade markets, strengthen investment cooperation, and support "stabilizing foreign trade and foreign investment"
.
What specific suggestions does the Ministry of Commerce have for enterprises in the above-mentioned aspects? How will the Guiding Opinions help market players to enjoy the benefits of the agreement?

In this regard, Yu Benlin, director of the International Department of the Ministry of Commerce, said that the RCEP came into effect, just like the completion of a bridge connecting domestic and international dual circulation, bringing long-term market opportunities
.
We are very pleased to see that the vast number of enterprises are eagerly looking forward to and actively sharing the dividends of the RCEP market opening.
In particular, many enterprises have expressed that they should strive to speed up technological upgrading, improve product quality, and strive for greater benefits in the large RCEP market
.
At the same time, enterprises also look forward to receiving more help in developing RCEP trade and investment opportunities, and the "Guiding Opinions" provide comprehensive guidance on this
.
Specifically, we recommend that businesses:

1.
Familiarize yourself with the preferential tariff commitments of RCEP countries as soon as possible, seize the opportunity of highly facilitation of regional trade, and expand the export of advantageous products and the import of high-quality goods
.

Enterprises should carefully study the country-specific tariff reductions between China and RCEP member countries according to their own business development directions, and focus on expanding the import and export of key products due to national policies and complementing weaknesses
.
Some local commerce departments have started to conduct in-depth analysis of the trade situation between the province and RCEP member countries, and study the list of key products, key enterprises and key country markets, so as to provide reference for enterprises to develop markets
.
At the same time, enterprises should pay close attention to the implementation of RCEP countries' customs procedures, inspection and quarantine and other facilitation commitments, and use the improved efficiency of regional logistics customs clearance to achieve continuous growth of new foreign trade formats such as cross-border e-commerce
.

Second, it is necessary to thoroughly understand and make good use of the rules of origin accumulation, and deeply participate in the regional industrial chain supply chain
.

Enterprises should fully understand the commercial value of the RCEP origin region accumulation rules, take advantage of the lower threshold for RCEP origin, actively expand the production scale of intermediate products, attract more competitive investors for cooperation, and actively participate in the region.
The reconstruction of the industrial chain and supply chain pushes the production and service of enterprises to the high end of the value chain
.
Enterprises should cultivate professionals who master the rules of origin, be familiar with various businesses such as certificate application, self-declaration, and certification of approved exporters, actively seize the opportunities of accumulated rules of origin, and fully incorporate high-quality implementation of RCEP into the company's international business strategy
.

3.
Efforts should be made to tap the business opportunities brought about by the expansion of the service industry and investment
.

The RCEP service trade and investment promises greater openness and high transparency, and enterprises will obtain stronger guarantees when investing overseas and providing cross-border services
.
Enterprises should seize the opportunity of the opening up of RCEP member countries, and combine their own advantages and characteristics to promote the development of service industries such as design and R&D, information, logistics, e-commerce, and trade financing, promote the integrated development of manufacturing and high-end service industries, and enhance their role in the value chain.
status
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In particular, the agreement is conducive to the development of new trade formats, including the establishment of a cross-border e-commerce supply chain system, and the construction of overseas warehouses by enterprises.
Enterprises should actively grasp these development trends and strive for greater development
.

Fourth, it is necessary to take advantage of the benefits brought by RCEP to improve the business environment and enhance the ability of international cooperation and competition
.

RCEP has reached a set of high-level rules to comprehensively improve the regional business environment, providing institutional guarantees and a favorable policy environment in the fields of intellectual property, e-commerce, and competition policy
.
Enterprises should take active actions, "measure water temperature" in "going out", strive to explore trade and investment cooperation with countries in the region, participate in competition in a broader international environment, improve product quality, and improve the international management capability and level of enterprises.
achieve high-quality development
.

5.
Raise awareness of competition and properly respond to challenges
.

Enterprises should fully realize that in the RCEP unified market, opportunities and challenges coexist
.
The agreement to open up at a higher level will not only bring opportunities to enterprises, but also bring competitive pressure and risk challenges to some industries and some enterprises
.
In this regard, enterprises should focus on scientific demonstration and risk prevention and control, formulate more reasonable international business strategies, transform the sense of urgency for transformation and upgrading into practical actions for excellence, accelerate technological innovation, and enhance core competitiveness
.
If it does encounter unfair competition, such as dumping, enterprises should also make good use of trade remedies and other measures allowed by the agreement to safeguard the legitimate interests of enterprises
.

At the same time, it is recommended that enterprises actively maintain close communication with the government, industry associations, commercial departments and overseas institutions, report problems encountered in a timely manner, seek assistance from relevant parties, and strive to actively coordinate and solve relevant problems
.