Xinhua Silk Roadway: RCEP accelerates regional advancement and boosts local cooperation, authorities
BEIJING, June 8, 2025/ PRNewswire/– The Regional Comprehensive Economic Collaboration (RCEP) has not just end up being an ‘accelerator’ and ‘stabilizer’ for regional advancement however likewise brought unprecedented chances for regional cooperation, Shi Zhongjun, secretary-general of the ASEAN-China Centre (ACC), said in a recent interview at the sidelines of the 2025 RCEP City Government and Friendship Cities Cooperation (Huangshan) Online forum hung on June 5 in Huangshan City, east China’s Anhui Province. In this regard, Anhui Province boasts obvious benefits in fields such as green economy and digital economy advancement, with strong accumulation of technical proficiency that matches the development requirements of Southeast Asian countries, Shi noted, mentioning strong desire revealed by Southeast Asian countries throughout the event to reinforce cooperation with Anhui in the fields such as brand-new energy industries and skill cultivation. The implementation of RCEP has greatly improved trade facilitation within the region. More in-depth and transparent investment guidelines have deepened the liberalization of financial investment, producing huge chances for shared financial investment, Shi kept in mind, highlighting RCEP’s role in enhancing the strength and connectivity of local commercial and supply chains in the middle of worldwide financial uncertainties and other obstacles. Shi explained that RCEP likewise benefited cooperation amongst local governments. Through trade and investment assistance procedures, RCEP has directly improved regional financial and trade links and created opportunities for multi-level and wide-ranging exchanges and cooperation. Covering numerous measurements such as education, science and culture, technology, and tourist, RCEP has actually developed brand-new platforms for local people-to-people exchanges. Shi stressed that RCEP had played the crucial role of a regional economic ‘stabilizer’ by deepening financial and trade cooperation, improving the durability of commercial and supply chains, and expanding cooperation in emerging fields. The ACC will continue to be devoted to promoting comprehensive and practical cooperation while sharing brand-new chances for local prosperity and development, Shi said.
