The Role of FTZs in Facilitating China’s Cross-border E-commerce Trade under the RCEP Agreement

Anand Anbu Swami; Cai YanLing1

1

Publication Date: 2023/12/13

Abstract: This research explores the pivotal role of Free Trade Zones (FTZs) in bolstering China's Cross-border E- commerce (CBeC) under the Regional Comprehensive Economic Partnership (RCEP) agreement. It investigates the benefits of FTZs for CBeC and analyzes how RCEP influences FTZs and CBeC, aiming to fill a research gap in understanding their impact on China's CBeC development. RCEP's influence on China primarily manifests through trade in goods and strategic dimensions. FTZs, with their preferential policies and streamlined procedures, have become engines of innovation-driven development, fostering foreign trade growth. While challenges such as regulatory barriers exist, the study reveals that RCEP presents an opportunity for China to strengthen trade and investment ties with member countries, emphasizing the integration of industrial and value chains. Empirical evidence substantiates the potential benefits of this alignment, including reduced trade barriers, increased market access, and enhanced competitiveness.  Originality: This research addresses a critical gap in systematic and empirical research, offering insights into how FTZs and RCEP impact China's CBeC from a micro perspective. It provides strategic recommendations for FTZs and CBeC to thrive within the RCEP framework, emphasizing innovation, quality, and diversification.

Keywords: Keywords:- Free Trade Zones (FTZs), Cross-Border E- Commerce (CBeC), Regional Comprehensive Economic Partnership (RCEP), International Trade Agreements.

DOI: https://doi.org/10.5281/zenodo.10370324

PDF: https://ijirst.demo4.arinfotech.co/assets/upload/files/IJISRT23NOV2182.pdf

REFERENCES

No References Available