Seminar on New Opportunities for China-Indonesia Economic, Trade and Investment under RCEP Held in Shanghai

In order to help enterprises in the Yangtze River Delta better understand Indonesia's investment environment and development prospects, and make full use of the RCEP policy to expand investment and trade new business opportunities, on March 30, the Shanghai "Belt and Road" Comprehensive Service Center and the Indonesian Trade Promotion Center in Shanghai jointly The China-Indonesia Economic, Trade and Investment New Opportunities Seminar under RCEP was held in Shanghai. The seminar was guided by Shanghai Council for the Promotion of International Trade, Shanghai International Chamber of Commerce, Indonesian Consulate General in Shanghai, and supported by the Hongkou District People's Government. Yang Dongsheng, Vice President of Shanghai Council for the Promotion of International Trade, Dai Ning, Consul General of the Indonesian Consulate General in Shanghai, and Chen Shuai, Deputy District Mayor of Hongkou District attended the event and delivered speeches respectively. Nearly 80 representatives of enterprises and institutions attended the conference.

Yang Dongsheng said in his speech that in recent years, the Shanghai Council for the Promotion of International Trade has maintained friendly and cooperative relations with the Indonesian Consulate General in Shanghai, the Indonesian Trade Promotion Center in Shanghai, and the China-Indonesia Chamber of Commerce, and has jointly organized various activities on many occasions. In June last year, the Shanghai Council for the Promotion of International Trade and China Indonesian Chamber of Commerce and other 6 foreign business associations in Shanghai jointly held an online seminar on helping foreign companies in Shanghai to solve difficulties. The Indonesian Consulate General in Shanghai and the Indonesian Trade Promotion Center in Shanghai hosted the The "Belt and Road Famous Products Exhibition" and other international exhibition cooperation activities also provided strong support. In October this year, Huamao International Exhibition (Shanghai) Co., Ltd., a subsidiary of the Shanghai Council for the Promotion of International Trade, will also hold the first Indonesia International Emergency Disaster Reduction and Rescue Expo in Jakarta, the capital of Indonesia.

The "Regional Comprehensive Economic Partnership Agreement" (RCEP) has entered into force for Indonesia on January 2. After it takes effect, the two sides will implement zero tariffs on more than 60% of the origin products, which will definitely help China and Indonesia to continue to deepen economic and trade cooperation. investment relationship. In the subsequent guest speeches and corporate sharing sessions, Jing Ming, an assistant researcher at Fudan University’s Belt and Road Initiative and Global Governance Research Institute, said that RCEP is conducive to the upgrading of the overall level of China-Indonesia economic and trade cooperation, and bilateral judicial assistance has provided more comprehensive bilateral economic and trade cooperation. judicial support. Relevant representatives of PricewaterhouseCoopers Consulting (Shenzhen) Co., Ltd. pointed out that under the background of RCEP, the route of international transformation of Chinese enterprises is gradually shifting to overseas production and sales. Chinese enterprises transfer/authorize technology to overseas IP centers, or directly conduct research and development abroad, can enjoy foreign tax incentives specifically for intellectual property fields, and if they are within the scope of RCEP, enterprises can also enjoy RCEP preferential tax rates, and plan for corporate tariff systems accordingly , can promote the internationalization of enterprises. Huamao International Exhibition (Shanghai) Co., Ltd. and the Indonesian Chamber of Commerce in China shared and exchanged views on the opportunities and challenges brought about by regional economic development under the background of RCEP's entry into force based on the perspective of the development of enterprises and institutions.

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