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Your location: Home > Related Articles > my country\’s textile testing instruments are covered by the RCEP agreement

my country\’s textile testing instruments are covered by the RCEP agreement

Author:QINSUN Released in:2023-07 Click:116

The RCEP agreement was proposed in 2013 and negotiations are currently underway between the 10 ASEAN countries and regional trading partners, including Australia, China, India, Japan, New Zealand and South Korea. Founded on August 8, 1967, ASEAN is a regional organization with member states including Indonesia, Malaysia, the Philippines, Singapore, Thailand, Brunei, Vietnam, Laos, Myanmar, and Cambodia.

RCEP\'s goal is to establish deeper trade cooperation between ASEAN and its regional trading partners, focusing on goods, services and investments. If signed, the agreement would create a huge economic bloc with 3.4 billion people and a trade volume of $10.6 billion, which accounts for almost 30% of the total trade value. China will be the biggest beneficiary if the RCEP agreement is successfully reached, according to the Asia Trade Center.
Based on the above interpretation, the Standard Group believes that: RCEP een is a replica of the multilateral trade and bilateral trade that China has led. RCEP\'s ultimate goal is to build China\'s many developing countries to strengthen economic and trade exchanges. and strengthen the vitality of economic growth. At present, China is one of the leading countries in RCEP. During the negotiations, it will inevitably hold multi-party talks with other participating countries on import and export tariffs, quota restrictions, etc., and strive for more preferential terms to pave the way for Chinese enterprises to export and nationalize.

At the same time, the main arable lands of RCEP are countries along the Silk Road, which are closely related to the textile industry. At present, China is a large textile country and textile exports occupy an important part of foreign trade in.Dependence on foreign countries is high, so more markets have to be openedn.d. Therefore, the Standard Group believes that the same applies to the textile testing instrument industry, as a supporting industry for the textile industry, which will inevitably benefit from the launch of the RCEP agreement. The test instrument industry will inevitably take a big step to speed up the process. Standard Group believes that the achievement of RCEP presents a very favorable opportunity for textile testing instrument companies. With RCEP\'s spring breeze, my country\'s textile testing instrument industry can accelerate expansion to Southeast Asia, Central Asia and Africa to fill the gap in the local market.

When it comes to the globalization of textile testing enterprises, it is necessary for Standard Group to introduce the current situation and opportunities of my country\'s foreign trade exports and the future direction of textiles. With the rise of the Chinese textile industry and the maturity of the textextile testing instruments industry, the domestic textile testing instruments industry is well established and is on par with Europe and the United States in technology, technology and knowledge. advantages and the monopoly of European and American countries are in the Gradually disintegrating, in this opportunity of commercial market reconstruction, Chinese textile testing instrument companies have the strength and ability to compete with brands and compete for the market.

So from this perspective, my country\'s textile testing companies should continue to increase investment in scientific research, improve product quality and technology accumulation, so as not to lag behind other brands in the competition. Standard Group (Hong Kong) Co., Ltd. was established in 2003, since its establishment, the company has been committed to the promotion of material testing standards, to provide general laboratory solutionsfor testing textile materials and for providing world-class test equipment for quality testing institutions, enterprises and scientific research units. so customers don\'t have to worry. The company adheres to the service concept of professionalism, sincerity, enthusiasm and comprehensive proximity to customer needs, which is highly recognized by customers.

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