As part of the important trends of the current development of the world economy,the reshaping of global industry and supply chains interacts with the intensified changes unprecedented in the past century in an increas...As part of the important trends of the current development of the world economy,the reshaping of global industry and supply chains interacts with the intensified changes unprecedented in the past century in an increasingly close manner.“Benefit-sharing and risk-sharing”,the characteristics of global industry and supply chains,have a profound influence on the distribution of benefits among countries and the effectiveness of global economic governance.展开更多
The Regional Comprehensive Economic Partnership(RCEP)agreement was signed on November15,2020.This marks the formal conclusion of the world's largest free tradeagreement in terms of population and economic scale.Th...The Regional Comprehensive Economic Partnership(RCEP)agreement was signed on November15,2020.This marks the formal conclusion of the world's largest free tradeagreement in terms of population and economic scale.The RCEPagreement covers new liberalization commitments in goods,services,investment,and movement of natural persons,and addresses some emerging behind-the-border trade issues,to forge more transparent,open,and inclusive trade rules.Its aim is to build a comprehensive,modern,inclusive,and high-quality free trade agreement.This paper summarizes the framework and highlights of the RCEP agreement,measures the extent of tariff reduction from various perspectives,makes a quantitative assessment of the level of service trade liberalization of the member states adopting positive list commitments,and makes an in-depth analysis of trade rules and provisions in the RCEP agreement.Furthermore,this paper also makes a comprehensive comparison of main provisions among the Comprehensive and Progressive Agreement for Trans-Pacific Partnership,RCEP,and US-Mexico-Canada Agreement.The paper concludes with policy recommendations for Chinatopromote the implementationof the RCEPagreement.展开更多
文摘As part of the important trends of the current development of the world economy,the reshaping of global industry and supply chains interacts with the intensified changes unprecedented in the past century in an increasingly close manner.“Benefit-sharing and risk-sharing”,the characteristics of global industry and supply chains,have a profound influence on the distribution of benefits among countries and the effectiveness of global economic governance.
基金support from the project“Reconstruction of International Economic Rules in the Context of Global Value Chain and the Role of China”funded by the Publicity Department of CCP,and the project“Global Economic Govermance,New Rules of International Trade and Investment,and China's New System of Open Economy”(No.20JJD790003)funded by the Ministry of Education,China。
文摘The Regional Comprehensive Economic Partnership(RCEP)agreement was signed on November15,2020.This marks the formal conclusion of the world's largest free tradeagreement in terms of population and economic scale.The RCEPagreement covers new liberalization commitments in goods,services,investment,and movement of natural persons,and addresses some emerging behind-the-border trade issues,to forge more transparent,open,and inclusive trade rules.Its aim is to build a comprehensive,modern,inclusive,and high-quality free trade agreement.This paper summarizes the framework and highlights of the RCEP agreement,measures the extent of tariff reduction from various perspectives,makes a quantitative assessment of the level of service trade liberalization of the member states adopting positive list commitments,and makes an in-depth analysis of trade rules and provisions in the RCEP agreement.Furthermore,this paper also makes a comprehensive comparison of main provisions among the Comprehensive and Progressive Agreement for Trans-Pacific Partnership,RCEP,and US-Mexico-Canada Agreement.The paper concludes with policy recommendations for Chinatopromote the implementationof the RCEPagreement.