Rosy prospects for RCEP signatories' ties seen

By Xinhua News Agency

Apr 27, 2022 12:13 am

BOAO, Hainan: The Regional Comprehensive Economic Partnership (RCEP) that took effect at the start of 2022 has strengthened the trade network between China and its fellow pact signatories, hastening economic integration in the Asia-Pacific.

RCEP is the world's largest free trade deal to date, and its creation has stimulated the region and become a new driving force for the global economy, according to experts at the Boao Forum for Asia Annual Conference 2022 in China's Hainan province.

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