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Joining CPTPP Allows China Greater Participation: YiCai

CHINA PRESS

China's membership of the CPTPP could allow the country to participate in rebuilding the global industrial chain after the disruptions of the pandemic in addition to expanding export markets, YiCai reports. The tariff concession commitments among member countries would likely create competition for domestic enterprises under tariff policy protections, and force companies to improve their quality and efficiency, YiCai said.

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