RCEP expands regional co-op

NANNING: Ding Xue, a representative of DeARANCHY, a skincare brand from the Republic of Korea (ROK), has been running around at the ROK pavilion during the ongoing 19th China-ASEAN Expo.
The expo, which opened on Friday and runs until Sept. 19, spotlights the theme — “Sharing RCEP New Opportunities, Building a Version 3.0 China-ASEAN Free Trade Area.”
It is currently being held in Nanning, capital city of south China’s Guangxi Zhuang Autonomous Region.
“This is the first time for us to participate at the expo. All our products are imported from the ROK.
After the implementation of the Regional Comprehensive Economic Partnership (RCEP), import tariffs have been lowered accordingly, which has increased our price competitiveness,” Ding said. –Agencies