RCEP

China and Thailand Sign AEO Mutual Recognition Pact

08 April 2022

An action plan for mutual recognition of Authorised Economic Operator (AEO) status signed recently by the customs authorities of China and Thailand is the first such plan China has concluded with a member of the Regional Comprehensive Economic Partnership (RCEP) since the pact entered into force in January. The two sides have pledged to speed up negotiations on AEO mutual recognition. More

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ASIA: Hong Kong Makes Official Application to Join the RCEP

08 March 2022

Hong Kong has started proceedings to join the Regional Comprehensive Economic Partnership (RCEP), the world’s largest free trade bloc that commenced on 1 January 2022, comprising 15 countries including China, Australia, Japan, New Zealand, South Korea, and the ASEAN states of Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Vietnam. More

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China Customs to Implement RCEP Rules on Korean Goods from February

31 January 2022

The General Administration of Customs recently announced that in accordance with new administrative measures under the Regional Comprehensive Economic Partnership (RCEP) Agreement, which took effect on 1 January, the Agreement will be applicable to South Korea as of 1 February. More

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New Government Guidelines Set to Optimise Uptake of RCEP Opportunities

28 January 2022

New guidelines relating to the implementation of the Regional Comprehensive Economic Partnership (RCEP) agreement have been jointly issued by the Ministry of Commerce and five other government departments. More

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RCEP: Free Trade Opportunities in the Post-pandemic Era

25 November 2021

The signatories to the RCEP agreement represent 2.2 billion people, almost 30% of world population. Their combined GDPs total US$ 26.2 trillion or some 30% of the global economy, and they account for nearly 28% of global trade. The enhanced market access to the 15 signatory states made possible by the agreement will create vast market opportunities for businesses in the region and beyond. More

Market Opportunities

Launch pad for going global

22 November 2021

The Regional Comprehensive Economic Partnership Agreement (RCEP), signed a year ago, is the world’s largest trade bloc and stretches from the fringes of the Arctic in Hokkaido, Japan (main picture) to the periphery of the Antarctic in southern New Zealand. More

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ACCA Hong Kong: RCEP Opens Doors to New Opportunities for GBA Professionals

16 November 2021

Foreign companies entering China and Chinese companies expanding into RCEP markets need access to the world-class financial and professional services that are plentiful in Hong Kong. More

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RCEP Facilitates Access to Both Enlarged Sales Markets and Lower-Cost Resources for GBA Businesses

15 November 2021

RCEP countries have consumers with significant purchasing power, while at the same time making up a significant part of modern supply chains. The members of the RCEP represent promising sales and resources markets for businesses for the Greater Bay Area. More

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Service Providers Benefit From RCEP

11 November 2021

With their keen understanding of emerging markets and high-quality business offerings, Hong Kong services providers are well-positioned to help businesses tap into the RCEP and implement expansion plans. More

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RCEP Boosts Trade Between China and ASEAN Countries

10 November 2021

Industrial goods from China will be particularly popular in ASEAN countries, where the degree of industrialisation varies greatly. If the prices are around the same, market participants will look for quality more. There will be more choices for sourcing. More

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