In the first four months of this year, the foreign trade between Sichuan and RCEP countries (regions) recorded 104.27 billion yuan, up 27% compared with the same period of last year, according to Chengdu Customs District P.R.CHINA. 

Lier Chemical Co., Ltd. mainly exports products to Japan and Australia. Thanks to the implementation of RCEP policies, its export volume to Japan is expected to grow by about 25%, and its total export value is expected to hit 200 million yuan under the framework of RCEP this year. 

Yibin Tianyi Lithium Industry Co., Ltd., an upstream supplier of raw materials in the new energy industry, also jumped at the trade opportunities. "Last year, we only exported less than 14 million yuan worth of raw materials for lithium batteries. But this year, as the new energy industry grows by leaps and bounds, there has been a strong demand for high-end raw materials for lithium batteries. Especially after the implementation of RCEP, the tax we pay when we export battery-grade lithium hydroxide to South Korea can be cut by nearly 40%." According to a manager of Yibin Tianyi Lithium Industry Co., Ltd., the company will expand the RCEP market at a faster pace and contribute to the sound development of the industry by relying on the competitive advantages provided by our country. This year, the company plans to export one billion yuan worth of raw materials for lithium batteries to the international market. 

On May 27, Chengdu Customs District P.R.CHINA, Chengdu Municipal Bureau of Commerce, and Chengdu Municipal Port and Logistics Office issued the Chengdu List of Trade Opportunities for Key Commodities with RCEP Member Markets. Enterprises can check the commodity categories of key commodities, key industries, and key countries and the list of zero tariff commodities under the framework of RCEP on the websites of Chengdu Customs District P.R.CHINA and Chengdu Municipal Bureau of Commerce to obtain trade opportunities brought by RCEP. "The list of trade opportunities provides a valuable point of reference for us to gain a correct understanding of RCEP rules and seize the opportunities brought by the favorable policies. To put it more simply, it is like sending benefit information directly to enterprises like us," said Zhang Xiang, Deputy General Manager of Yibin Tianyi Lithium Industry Co., Ltd. who was browsing the list on the website of Chengdu Customs District P.R.CHINA.