RCEP adds new impetus to foreign trade enterprises in E China

STORY: RCEP adds new impetus to foreign trade enterprises in E China DATELINE: April 17, 2022 LENGTH: 00:01:27 LOCATION: QINGDAO, China CATEGORY: ECONOMY SHOTLIST: 1. various of ports 2. SOUNDBITE 1 (Chinese): LIU KUN, Business manager of Qingdao Haiwan Group Co., LTD. 3. SOUNDBITE 2 (Chinese): BI HAIJUN, Official of Qingdao Customs STORYLINE: After the Regional Comprehensive Economic Partnership (RCEP) went into effect on Jan. 1, 2022, more and more enterprises in east China's Shandong Province have benefited from the deal, adding new impetus to the province's export-oriented economy. The RCEP, the world's largest free trade deal to date, covers 10 member states of the Association of Southeast Asian Nations (ASEAN) and its five free trade agreement partners, namely China, Japan, the Republic of Korea, Australia, and New Zealand. Qingdao Haiwan Group Co., LTD. received a certificate of origin issued by Qingdao Customs, with which Japan's import tariff on the company's 120 tons of sodium bicarbonate will