Ministry of Commerce: China’s docking CPTPP rules start testing

The Chinese government issued a document a few days ago, deciding to carry out pilot projects in five qualified free trade pilot zones including Shanghai, Guangdong, Tianjin, Fujian, and Beijing, and the Hainan Free Trade Port to connect with international high-standard economic and trade rules. Chen Chunjiang, assistant minister of China’s Ministry of Commerce, said on the 30th that this is a first attempt to actively integrate the rules of the “Comprehensive and Progressive Trans-Pacific Partnership Agreement” (CPTPP).

Chen Chunjiang said at the regular policy briefing held on the same day that China is actively promoting the joining of high-standard economic and trade agreements such as CPTPP and the Digital Economy Partnership Agreement (DEPA), and the requirements of the relevant rules are in line with the key issues facing China’s reform and opening up higher degree.

He said that the pilot program will be carried out in pilot free trade zones and free trade ports where conditions permit, take the lead in integrating with international standards in terms of rules, regulations, management, and standards, and build an institutional system and regulatory model that is in line with international high-standard economic and trade rules. , will accumulate favorable conditions for China’s participation in the formulation of international economic and trade rules.

Chen Chunjiang said that on the one hand, carrying out the opening-up pilot program will actively promote institutional innovation, take the lead in building an institutional system and regulatory model that is in line with high-standard economic and trade rules, and demonstrate China’s willingness and ability to join high-standard economic and trade agreements; at the same time, it will also pass the pilot program Accumulate experience to make full preparations and provide practical support for China’s accession to these agreements.

He revealed that in order to actively promote joining the CPTPP, China has conducted a full, comprehensive and in-depth analysis, research and evaluation of the content of the agreement, and sorted out possible reform measures and revised laws and regulations.

Chen Chunjiang said that China has always maintained active communication with relevant member states in accordance with the relevant procedures of the CPTPP, carried out exchanges and dialogues at the bilateral level, and understood and properly handled issues raised by various members. In the next step, we will continue to maintain communication and consultation with all member parties.