? The full name of RCEP is the Regional Comprehensive Economic Partnership Agreement, which means the birth of the largest economic and trade zone in Asia and even the world. 15 member countries, accounting for 30% of world trade, have started formal cooperation since then.
At a time when the global economy is in recession crisis, China has promoted the Regional Comprehensive Economic Partnership Agreement from its own perspective and influence, with the aim of enabling all countries in the world to enjoy the fruits of China's development and better integrate China into the globalization of the world economy.
Why did China spare no effort to promote the RCEP Agreement?
First of all, from a macro perspective, the trade surplus between China and the United States is getting smaller and smaller, and the trade conflict between China and the United States is getting bigger and bigger, which leads to the increase of trade instability between China and the United States. Therefore, in order to prevent economic instability, the state actively takes alternative measures to ensure the stable development of China's economy, which leads to the introduction of RCEP.
The background of RCEP is global economic instability and China's economic slowdown. Only by finding new economic growth points and new economies to accept China's products, can China's products go out, and both China's economic internal circulation and China's economic external circulation can maintain a good development momentum.
The RCEP Agreement is mainly composed of Asian member countries, but Asia is also the region with the largest population and relatively backward infrastructure construction in the world. China has huge industrial capacity and production capacity, so promoting RCEP can not only release China's excess capacity, but also effectively adjust domestic enterprises that consume more resources and pollute the environment, without causing excessive adjustment, social unrest or even a large number of workers being laid off.
The birth of RCEP Agreement may be the golden stage of China's development in the next three to five years. Because China has established the AIIB before, now China has a relatively rich reserve of capital and technical talents. Only by taking China's technical capital talents abroad can we help China's economy create more value and growth points.
While helping other countries and economies to develop their economies, China can also better publicize the China model, which plays a vital role in promoting China's economic stability and developing China's economic exchanges. As the second largest economy in the world, it not only affects all aspects of the world, but also shows China's international responsibility.
In the long run, for China, the advantages far outweigh the disadvantages. Although there will be some conflicts and contradictions in communication, on the whole, every country can enjoy the dividend of development and promote its own economic development.