Enabling partners to share in China's opening-up

RCEP's entry into force enabled partners to more fully share the opportunities and development dividends of China's opening-up.

From January to November 2022, the total import and export volume between China and other RCEP members reached 11.8 trillion yuan ($1.75 trillion), up 7.9 percent year-on-year and accounting for 30.7 percent of China's total foreign trade volume.

China's export to other RCEP members increased 17.7 percent year-on-year, 5.8 percentage points higher than China's overall export growth, according to the Ministry of Commerce.