In order to seize the new opportunities of RCEP and seek the new development of free trade, on April 14th, the China (Tianjin) Pilot Free Trade Zone Policy and Industrial Innovation Development Bureau (hereinafter referred to as the "Tianjin Free Trade Zone Innovation and Development Bureau") organized the Tianjin Free Trade Zone China-Korea RCEP Economic and Trade Cooperation Forum in the Pilot Trade Zone, Deputy Director Zhou Minhua presided over the meeting, Tianjin Municipal Bureau of Commerce, Tianjin Customs, Tianjin Free Trade Zone Management Committee Office, relevant responsible comrades of the Free Trade Bureau of each district, Nankai University, Tianjin University of Finance and Economics, Relevant experts from Bank of China Tianjin Branch participated in the meeting. Korean-funded enterprises such as Hanwha Investment, Haosheng Electric, Runfeng Logistics, and Samsung Aishang attended the meeting.During the meeting, the New Economic Center of the Tianjin Free Trade Zone Innovation Development Bureau introduced the overall situation of the Tianjin Free Trade Zone, the free trade bureaus of each district released free trade innovation cases, and the Tianjin Customs explained the RCEP rules of origin. Nankai University China Free Trade Zone Professor Tong Jiadong, Director of the Research Center of the Trade Pilot Zone, Associate Professor Liu Cheng, Deputy Director of the Department of International Economics and Trade, and Researcher Ma Delong from Tianjin University of Finance and Economics gave a professional interpretation of the new opportunities for China-Korea economic and trade cooperation brought about by RCEP. The relevant person in charge of Bank of China Tianjin Branch introduced the financial Facilitation measures. Representatives of South Korean enterprises expressed their gratitude to the special seminar organized by the Innovation and Development Bureau of Tianjin Free Trade Zone, introduced the development of enterprises in Tianjin in recent years, and put forward their opinions and suggestions on promoting government-enterprise exchanges and cooperation.Since the signing of the RCEP agreement, in order to guide foreign-funded enterprises to make preparations and earn the “first pot of gold” in the agreement, the Innovation and Development Bureau of Tianjin Free Trade Zone has actively carried out RCEP special research and policy interpretation in conjunction with relevant municipal departments to focus on Japanese and Korean companies. As a key point, the 2020 China (Tianjin) Pilot Free Trade Zone Japanese Business RCEP Matchmaking Meeting and China-South Korea RCEP Economic and Trade Cooperation Symposium have been held successively to provide advanced services during the implementation preparation period to help the development of Japanese and Korean enterprises in the region. In the next step, the Tianjin Free Trade Zone Innovation and Development Bureau will continue to deepen policy research and innovation, strengthen corporate policy guidance, and promote the Tianjin Pilot Free Trade Zone to accelerate the creation of a China-Japan-Korea free trade zone strategic pilot zone.

Source: China (Tianjin) Pilot Free Trade Zone Policy and Industrial Innovation Development Bureau

Original title: "China-Korea RCEP Economic and Trade Cooperation Symposium Held in Tianjin Pilot Free Trade Zone"