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China Daily / 2022-07 / 06 / Page014

RCEP deepens Sino-ASEAN economic, trade ties

China Daily | Updated: 2022-07-06 00:00
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NANNING-On May 27, a cargo ship loaded with Malaysian manganese ore arrived at Beibu Gulf Port in South China's Guangxi Zhuang autonomous region.

The ore was sent to the smelting workshop of South Manganese Group Ltd, which has the longest manganese industry chain in the world. There, it was made into electrolytic manganese dioxide before being sold domestically and exported to Japan as a raw material for new energy batteries.

This particular case of cross-border trade, industry and sale illustrates the power of the recently instituted Regional Comprehensive Economic Partnership (RCEP) agreement in bringing economic benefits to China and its regional partners.

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