China working on new measures to facilitate trade under RCEP

Containers are loaded onto a ship berthed at Qingdao port, Shandong province, on July 28, 2021. - CHINA DAILY

BEIJING (China Daily/ANN): The General Administration of Customs is working on a number of measures, including rules of origin of imported and exported goods, to help domestic companies cut costs and sustain trade under the Regional Comprehensive Economic Partnership framework, government officials said on Thursday (July 29).

As China and its partners advance the RCEP agreement ahead of its operation next year, the administration is also preparing to promulgate RCEP measures in the administrative measures for approved exporters, said Dang Yingjie, deputy director-general of the National Office of Port Administration at the GAC.