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RCEP Brought Major Benefits

The countries of East Asia + Southeast Asia + Australia and New Zealand markets will break down tariff barriers and about 90% of goods will be tariff-free. In 2021, the total import and export volume between China with ASEAN reached 4.28 trillion yuan, a year-on-year increase of 21.1%, accounting for 14.4% of its total foreign trade, making China's largest trading partner. As the largest free trade agreement in the...