The
signatory countries agreed to reduce carbon emissions.
签署国同意减少碳排放。
The treaty was signed by the major world powers, each a
signatory to it.
这项条约由世界主要大国签署，它们都是条约的签署方。
The
signatory nations pledged to uphold the principles of democracy and human rights.
签署国承诺维护民主和人权的原则。
The agreement was signed by the company's CEO, acting as the
signatory on behalf of the corporation.
该协议由公司首席执行官签署，代表公司作为签字人。
The contract is not valid unless signed by all
signatory parties.
除非所有签署方都签字，否则合同无效。
The
signatory states have an obligation to implement the provisions of the pact.
签署国负有执行协议条款的义务。
The bank requires a
signatory's signature for any large withdrawal from the account.
银行对于账户中的大额取款需要签名人签名。
The environmental agreement was signed by numerous
signatory countries at the UN summit.
在联合国峰会上，许多国家签署了这项环保协议。
The
signatory parties must adhere to the dispute resolution mechanism outlined in the agreement.
签署方必须遵守协议中概述的争端解决机制。
The treaty, once ratified by the respective
signatory parliaments, will come into force.
一旦各签署国议会批准，该条约将开始生效。
Highlighting that these new investments aim to provide advanced silicone products for customers in China and other countries, such as signatory countries of the Regional Comprehensive Economic Partnership Agreement and the economies of the Belt and Road Initiative, Zhang said that Elkem, also an international arm of China's Sinochem Holdings, will increase investments in high-tech products to support China's industrial upgrade and green transformation.
张强调，这些新投资旨在为中国和其他国家的客户提供先进的有机硅产品，如《区域全面经济伙伴关系协定》签署国和“一带一路”倡议倡议经济体，将加大对高科技产品的投资，支持中国产业升级和绿色转型。
As the Regional Comprehensive Economic Partnership pact has created favorable conditions to boost two-way investment and foreign trade, Marzin predicted companies from signatory countries will have more demand to participate in various trade shows in the Asia-Pacific region in the years ahead.
由于《区域全面经济伙伴关系协定》为促进双向投资和对外贸易创造了有利条件，马尔津预测，未来几年，签署国的公司将有更多的需求参加亚太地区的各种贸易展。
As the Regional Comprehensive Economic Partnership pact has created favorable conditions to spur foreign trade and investment activities, Jones said companies from signatory countries will have more demand to participate in various trade shows in the Asia-Pacific region in the years ahead.
由于《区域全面经济伙伴关系协定》为刺激外贸和投资活动创造了有利条件，Jones表示，未来几年，签署国的公司将有更多的需求参加亚太地区的各种贸易展。
That is especially so with economies participating in the development of the Belt and Road Initiative and signatory countries of the Regional Comprehensive Economic Partnership agreement.
参与“一带一路”倡议建设的经济体和区域全面经济伙伴关系协定签署国尤其如此。
"But established structural elements will sustain the growth of China's exports next year, as overseas demand for daily necessities, electronics and electric vehicles has notably soared in recent months," he said, adding that the one-year-old implementation of the Regional Comprehensive Economic Partnership pact will bring increments in foreign trade between China and other signatory countries, in particular ASEAN member states.
他说：“但随着近几个月来海外对日用品、电子产品和电动汽车的需求明显飙升，既定的结构要素将维持明年中国出口的增长，特别是东盟成员国。
Zoomlion Heavy Industry Science and Technology Co Ltd, one of China's major construction machinery manufacturers by production capacity, will conduct more greenfield investment in signatory countries of the Regional Comprehensive Economic Partnership in the years ahead, said a senior executive on Wednesday.
一位高管周三表示，中国主要的工程机械生产商之一中联重科科技有限公司将在未来几年在《区域全面经济伙伴关系》签署国进行更多的绿地投资。
Apart from building more overseas warehouses in signatory states of the RCEP pact in the coming years, Chou said the New York Stock Exchange listed company has built overseas warehouses in Southeast Asian markets, as well as export transshipment warehouses in China.
周表示，除了未来几年在RCEP协定签署国建造更多海外仓库外，这家纽约证券交易所上市公司还在东南亚市场建造了海外仓库，并在中国建造了出口转运仓库。
Tianjin Qiande Food Co Ltd, a pickled foods producer that previously supplied products only to the domestic market, intends to increase its exports of pickled goods to other RCEP signatory countries next year.
This will enable Ingersoll Rand to export more of its products made in China, particularly to signatory countries of the Regional Comprehensive Economic Partnership and economies participating in the BRI.
Xylem has not only expanded its presence in the Chinese market, but also exported its products manufactured in China to a large number of economies participating in the Belt and Road Initiative and to nearly all signatory countries of the Regional Comprehensive Economic Partnership agreement, Lyu added.
This will enable Ingersoll Rand to export more of its products made in China, particularly to signatory countries of the Regional Comprehensive Economic Partnership and economies participating in the Belt and Road Initiative.
"Moreover, the rubber imported from these signatory countries for tire manufacturing in China can also leverage these tariff preferences, further bolstering our competitive edge in the global market," he said.
One day recently, a huge consignment of canned pineapples arrived from the Philippines, the last signatory member to ratify the Regional Comprehensive Economic Partnership agreement on June 2.
"The agreement brings together finances, resources, technologies and services, establishing a comprehensive cycle of regional economic collaboration," said Liu, adding that many signatory countries, such as China and Japan, have already expedited the distribution of market components to drive forward institutional openness.
Fresh measures herald gains on RCEP, ASEAN fronts, and better operationsChina's latest efforts to strengthen the New International Land-Sea Trade Corridor will boost the country's trade with fellow signatory countries of the Regional Comprehensive Economic Partnership agreement and expand interactions with other trade partners across the world, Customs officials said on Friday.
The zero and low tariff rates brought by the Regional Comprehensive Economic Partnership pact and other free trade deals will boost consumers' purchasing power and enable small and medium-sized enterprises to ship more products to other signatory countries, said Eddy Chan, senior vice-president of United States-based FedEx Express and president of FedEx China.
The ministry's comments came as the Philippines became the final member to activate the RCEP agreement on Friday, making the mega free trade pact effective for all signatory countries.
"He said that China, Japan and South Korea, which are relatively advanced in digital technologies, should offer more assistance to other signatory countries, especially some member economies of the Association of Southeast Asian Nations, to enhance their digital transformation.
Wang Linjie, spokeswoman for the China Council for the Promotion of International Trade, said that in addition to registering for global trade shows, many Chinese companies have been actively exploring emerging markets, especially in signatory countries to the Regional Comprehensive Economic Partnership agreement.
The Regional Comprehensive Economic Partnership, the world's largest free trade pact, is scheduled to take full effect for all its 15 signatory states on June 2, the Ministry of Commerce said in April.
The country's exports to the other 14 signatory countries of the Regional Comprehensive Economic Partnership agreement, which took effect early last year, stood at 1.65 trillion yuan in the first quarter, up 20.2 percent year-on-year.
Foreign trade with other signatory countries of the Regional Comprehensive Economic Partnership agreement rose 7.3 percent year-on-year.
At that time, the world's largest free trade agreement will come into full effect for all 15 signatory countries, the Ministry of Commerce said in a statement on Wednesday.
The full implementation of the Regional Comprehensive Economic Partnership pact will help expand trade and investment between China and other RCEP signatory countries, said China's Ministry of Commerce on Wednesday.
This move indicates that the world's largest free trade agreement will come into full effect for all 15 signatory countries, the commerce ministry said in an online statement.
The growth of the Belt and Road Initiative, the Guangdong-Hong Kong-Macao Greater Bay Area and enhanced economic and trade ties between signatory countries of the Regional Comprehensive Economic Partnership pact will create more job opportunities related to project management in China in the coming years, for both State-owned and private companies, he added.
Mutual recognition of professional qualifications and deeper cooperation between signatory countries have also been established.
In addition to supplying CR450 trains and light rail trains to domestic clients across China, CRRC Changchun Railway Vehicles Co Ltd, a Jilin province-based subsidiary of State-owned CRRC Corp Ltd, plans to enter more emerging markets and signatory economies of the Regional Comprehensive Economic Partnership agreement, as the pact has enabled trade among signatory economies to grow strongly since January last year.
Apart from introducing its latest environmentally friendly products made of glass, reeds and grains to European customers, Yu said the company will actively explore emerging markets, especially North African and Middle East nations, as well as signatory countries of the Regional Comprehensive Economic Partnership pact, to further diversify its sales channels in the years ahead.
At the same time, more than 80 percent of Chinese companies were optimistic about growth prospects of foreign investment, and about 90 percent were sanguine on investment opportunities in signatory countries of the Regional Comprehensive Economic Partnership pact, according to a new survey released by the Beijing-based China Council for the Promotion of International Trade in late February.
China's inland cities will increase their use of the country's railroad links to seaports in order to boost exports to other signatory economies of the Regional Comprehensive Economic Partnership agreement, which will help sustain the country's foreign trade growth this year, said government officials and market observers.
As the RCEP has spurred trade among signatory countries since January 2022, Huaihua in Hunan province has operated Huaihua-Laos and Huaihua-Vietnam cargo train services as well as the weekly Huaihua-Beibu Gulf Port rail-sea combined transport operations.
"As Central China's Hunan province is the host venue for the China-Africa Economic and Trade Expo, we will deepen economic and trade ties with African countries and create more business opportunities for our exporters with buyers at signatory economies of the Regional Comprehensive Economic Partnership pact this year," he said.
On Tuesday, the Philippines became the last signatory member to ratify the trade pact, involving 15 economies in the Asia-Pacific region, which came into effect on Jan 1 last year.
The tangible growth of the one-year-old Regional Comprehensive Economic Partnership agreement will attract foreign companies to expand their presence in China and other signatory economies, creating favorable conditions for the integration of regional industrial and supply chains, said the country's top foreign trade and investment promotion agency on Monday.
In addition to visiting existing clients' stores and factories, and participating in trade exhibitions in developed markets, top executives and sales heads of many Chinese companies have been traveling to and from developing markets and signatory countries of the Regional Comprehensive Economic Partnership agreement, where they see demand for Chinese goods surging.
There has also been mutual recognition of professional qualifications, with obligations and frameworks for increased cooperation between signatory countries, according to the Beijing-based China Council for the Promotion of International Trade.
In the first half of this year, Suzhou's trade volume with RCEP signatory countries expanded 8.3 percent year-on-year to 473.72 billion yuan, 37.5 percent of the city's total imports and exports.
Shi Zongwei, director-general of Haikou Customs District, a local unit of the General Administration of Customs, said Hainan's transformation into an FTP will open new doors for trade and investment activities between China and other signatory economies of the RCEP agreement, especially member economies of the Association of Southeast Asian Nations.
Danfoss said it will ship more products made at its plants in China to other signatory countries of the Regional Comprehensive Economic Partnership agreement in the future.
Zhang Jianping, head of the center for regional economic cooperation at the Chinese Academy of International Trade and Economic Cooperation, said Hainan's transformation into a free trade port will open new doors for trade between China and other signatory economies of the Regional Comprehensive Economic Partnership, especially member economies of the Association of Southeast Asian Nations.
However, Hu and her colleagues in the sales department have become experts these days in helping their clients from Japan and South Korea to apply for certificates of origin under the RCEP framework from local Customs authorities, which will allow buyers to enjoy preferential tariff rates for its suits that are exported to these signatory economies.
Taking effect on Jan 1 this year, the pact's signatory countries account for roughly 30 percent of the world's gross domestic product and population.
The China Import and Export Fair, the country's signature biannual trade show, will be an advanced platform to support trade between signatory countries of the Regional Comprehensive Economic Partnership agreement, and further enrich China's dual-circulation development paradigm in the coming years, said experts on Monday.
Zhang Jianping, director-general of the Beijing-based China Center for Regional Economic Cooperation, said closer ties among the RCEP signatory countries will not only have a far-reaching impact on regional trade, investment and market integration but also help the recovery of the global economy.
Zhang Yongjun, deputy chief economist at the China Center for International Economic Exchanges, said they should also jointly reinforce cooperation in pushing regional economic integration, and gradually advance cooperation in the RCEP signatory economies in the areas of digital economy and green economy, as well as regional connectivity.
As the Regional Comprehensive Economic Partnership agreement took effect in 11 of the 15 signatory countries by Feb 1, the company realized its foray into Southeast Asia as early as 2008 will now give it an edge over competitors.
"However, more efforts are needed so that the pact will come into force in all signatory members as soon as possible.
On New Year's Day, the Regional Comprehensive Economic Partnership agreement took effect in 10 of the 15 signatory countries, including China, Brunei, Singapore, Thailand, New Zealand and Japan.
The Regional Comprehensive Economic Partnership agreement, signed by 15 Asia-Pacific countries in November last year, will take effect on Jan 1 in 10 countries－RCEP signatory members that have already completed the ratification procedures.
On that day, the Regional Comprehensive Economic Partnership agreement will take effect in 10 signatory members out of the total 15, potentially transforming the global economy and fortunes of companies like TWT Supply Chain.
According to Wei Jianguo, vice-chairman of the Beijing-based China Center for International Economic Exchanges, the free trade bloc formed by the RCEP agreement will become the most diversified economic bloc in the world with its signatory members currently at different stages of development, following different political systems and having diverse social structures.
Signed in November last year among 15 Asia-Pacific economies including China and all the 10 member states of the Association of Southeast Asian Nations, the agreement will take effect on Jan 1 in 10 signatory members－namely Brunei, Cambodia, Laos, Singapore, Thailand, Vietnam, China, Japan, New Zealand and Australia.
Ratification procedures by the signatory members of the JSI on Services Domestic Regulation are expected to be finished within 12 months after the announcement, and members will submit specific commitments to incorporate the new disciplines into its existing services trade rules.
Ratification procedures by the signatory members are expected to be finished within 12 months after the announcement and members will submit specific commitments for confirmation.
Apart from showing their willingness to further expand trade flows during the post COVID-19 era, the RCEP－the world's biggest trade pact by GDP－will help these signatory countries ensure the opening of their markets as well as uninterrupted supply chains in the Asia-Pacific region, said Zhang Jianping, director-general of the China Center for Regional Economic Cooperation in Beijing.
Business opportunities have been generated by BRI-related growth and signatory countries' efforts to operationalize the Regional Comprehensive Economic Partnership agreement from next year.
Liu also said the expo's organizers have invited exhibitors and purchasing agents from Japan, the Republic of Korea, New Zealand, and other signatory states of the Regional Comprehensive Economic Partnership, to participate in the expo this year.
The Regional Comprehensive Economic Partnership agreement provides a golden opportunity for the signatory countries to accelerate their economic upgrading, better leverage their industrial advantages, and deepen regional trade cooperation, according to experts.
Tu Xinquan, a professor of international trade and dean of the China Institute for WTO Studies at the University of International Business and Economics in Beijing, said the agreement is beneficial to all the signatory states, particularly the developing countries, as it will drastically reduce tariffs, which in turn will boost their economic upgrading.
Similarly, Ma Hong, an associate professor of economics at Tsinghua University, said the fact that the RCEP signatory states vary significantly in scale, level of development, industrial structures and per capita GDP means there is huge room for countries to strengthen their participation in the regional division of labor and trade.
Once the signatory states ratify the agreement, it will notably reduce the cost of trade in the region, and thus help these countries increase their exports and actual incomes, Ma said.
And the Ministry of Commerce has said that all the signatory states have expressed their intention to ratify the deal within the year so that it can come into force on Jan 1,2022.
Zhang Jianping, director-general of the Beijing-based China Center for Regional Economic Cooperation, said closer ties among the RCEP signatory countries will have a far-reaching impact on regional trade, investment, and market integration.
The RCEP is designed to cut tariffs by as much as 90 percent on goods traded between the signatory states in the 20 years since coming into effect.
He also said the RCEP agreement shows its signatory economies have confidence in and firmly support globalization at a time when globalization faces many challenges.
"We will continue to make breakthroughs in cutting-edge products, such as a new generation of unmanned subway trains, low-floor light rail trains and locomotives that use a combination of hydrogen fuel and lithium batteries to win more global orders in the next step, especially in emerging markets and signatory economies of the Regional Comprehensive Economic Partnership agreement," said Jiang Baiyang, the company's chief designer.
Apart from supplying the latest bullet trains and light rail trains to clients throughout China, CRRC Changchun Railway Vehicles Co Ltd, a Jilin province-based subsidiary of CRRC, plans to enter more emerging markets and signatory economies of the Regional Comprehensive Economic Partnership agreement this year, as the pact has effectively boosted trade among signatory countries since January 2022.
Apart from facilitating goods trade, RCEP members have pledged to gradually open more than 100 services sectors to trade, including finance, telecommunications, transportation, tourism and research and development, with a six-year transitional period, Zhang said, adding that there has also been mutual recognition of professional qualifications, with obligations and frameworks for increased cooperation between signatory countries.
This advanced free trade deal would accelerate trade between China and other signatory countries, propel regional economic integration and encourage Chinese companies to invest more in these markets.
What reform and opening-up did to the Chinese economy－the policy created "miracle-like" growth over the past decades－the RCEP is expected to do to its signatory members to some extent.
The signatory bloc covers roughly 30 percent of the world's gross domestic product, trade and population.
该签署方集团大约涵盖全球国内生产总值、贸易额以及人口的30%。
Apart from enlarging the domestic market, Lyu highlighted that the products manufactured by Xylem in China are exported to numerous economies participating in the Belt and Road Initiative and to nearly all signatory countries of the Regional Comprehensive Economic Partnership Agreement.
Ou Yunfei, a deputy to the 14th National People's Congress and chief operating officer of Valin ArcelorMittal Automotive Steel Co Ltd — a joint venture between Luxembourg-based ArcelorMittal and State-owned Hunan Valin Steel Co Ltd — said as the signatory economies of the Regional Comprehensive Economic Partnership pact further implement their open commitments under the agreement, tariffs will continue to drop in 2023.
Meanwhile, China's latest policy measures to attract global capital, enhanced trade ties with the signatory countries of the RCEP agreement, and the tangible growth of the Belt and Road Initiative will further optimize the business environment and stimulate the vitality of market entities in its northeastern region, said Zhang Yi, head of the National Academy of Social Development Strategy under the Chinese Academy of Social Sciences.
To facilitate US regulators' participation in on-site inspections, China may need to become a signatory to the Enhanced Multilateral Memorandum of Understanding Concerning Consultation and Cooperation and the Exchange of Information, a regulatory cooperation framework provided by the International Organization of Securities Commissions, Dai said.
The trade pact, which officially entered into force in 2022, is to date the world's largest free trade agreement with 15 signatory countries.
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