On March 30, the Guangzhou Municipal Bureau of Commerce published Several Measures for Guangzhou to Grasp the Opportunity of Regional Comprehensive Economic Partnership (RCEP) to Promote the Innovative Development of Cross-Border E-Commerce (CBEC) (the Several Measures). This makes Guangzhou the first city in China to issue special policies to help the local business community benefit from the RCEP – when it enters into force.
RCEP is the largest free trade agreement in history, which consists of 15 countries – 10 member states of the Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia, and New Zealand. Read More.
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