PRODUCTS CENTER

In order to implement the important deployment of the State Council on "increasing the intensity of training related to the implementation of the agreement", the Ministry of Commerce held the second online special training on the "Regional Comprehensive Economic Partnership Agreement" (RCEP) on March 22-23. The training focuses on the impact of RCEP on the industry, helping localities and enterprises to familiarize themselves with the content and rules of the agreement, improving management levels and policy utilization capabilities, and enhancing the ability to participate in international cooperation and competition.
China National Light Industry Federation attaches great importance to this special training. President Zhang Chonghe personally gave instructions and asked for corresponding organization work. In order to implement President Zhang’s instructions and promote more member companies to understand RCEP, China National Light Industry Council actively took the lead in organizing 30 national industry associations, 4 local industry associations, Haier Group, More than 520 people including heads of 37 member companies including Kweichow Moutai and Yanjing Beer participated in the online special training.
During the training, Yu Benlin, director of the International Department of the Ministry of Commerce, gave a comprehensive explanation on the overall situation of RCEP and how enterprises can effectively seize the opportunity. Yu Benlin pointed out that enterprises should seize the opportunities brought by the agreement and properly deal with the challenges. It is necessary to thoroughly understand the impact of trade in goods on industrial development, make good use of the cumulative rules of origin, and deeply participate in the dynamic adjustment of the industrial chain and supply chain; it is necessary to seize the new opportunities brought about by the RCEP service industry and investment opening, improve management levels and agreement utilization capabilities, and enhance participation The ability of international cooperation and competition; it is necessary to dig deep into favorable policies, make full use of various dividends, and maximize the effectiveness of RCEP.
Guo Yongxin, Executive Secretary-General of China Light Industry Federation, participated in the lecture at the main venue of the Ministry of Commerce. He introduced the opportunities and challenges brought by the RCEP agreement to the light industry, and put forward some countermeasures. He pointed out that the full implementation of RCEP will promote the foreign trade and industry development of light industry. But at the same time, RCEP will also bring two major challenges to the light industry. One is the transfer of low-end domestic value chains and labor-intensive industries outward; more intense competition. Guo Yongxin gave five suggestions on how to deal with the challenges of the light industry: first, deploy industries across the region; second, use international standards as a pass to expand exports; third, do a good job in dealing with trade frictions; fourth, increase brand recognition and enhance brand value; The fifth is to strengthen scientific and technological innovation and increase the value of the industrial chain.

Source: China National Light Industry Council