Economic Watch: RCEP deepens industrial chain cooperation between China, ASEAN


Source: china.org.cn china.org.cn

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NANNING, July 30 (Xinhua) -- At a leading paper factory in south China's Guangxi Zhuang Autonomous Region, a production line was running at full steam as orders from ASEAN countries surge this year. "Nearly 90 containers filled with white cardboard produced by the factory are shipped through Qinzhou port every day to ASEAN markets and the number keeps increasing," said Zhou Ju, logistics department director of Guangxi Jingui Pulp & Paper Co., Ltd., owned by Indonesia's Asia Pulp & Paper Sinar Mas. Since the Regional Comprehensive Economic Partnership (RCEP) entered into force in January, trade costs have been further reduced...