China and the RCEP: Guangzhou Becomes First City to Issue Special Cross-Border E-Commerce Measures

April 17, 2021 China Briefing 0 Comments

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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