Since the Regional Comprehensive Economic Partnership Agreement (RCEP) came into effect, Fujian Province has been accelerating the construction of important nodes and channels in the domestic and international double cycle, expanding exchanges and cooperation with RCEP member countries in the areas of trade, investment and finance, which has provided a broad market and development opportunities for overseas Chinese businessmen at home and abroad.


  Lu Shengrong, a professor and doctoral supervisor at Xiamen University's School of Economics, pointed out that overseas Chinese businessmen can seize the opportunity of further regional trade liberalisation to promote economic and trade cooperation between China and host countries, and can also leverage their understanding of China and host countries and their clan and blood ties to promote humanistic exchanges between the two countries in many ways.


  As a famous overseas Chinese hometown in China, Quanzhou, Fujian has more than 9.5 million overseas relatives in more than 170 countries and regions, and is uniquely positioned to develop cross-border e-commerce.

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  For two consecutive years, we have organised cross-border e-commerce training for overseas Chinese youths, with a total of over 5,000 participants; for two consecutive years, we have organised the RCEP Young Overseas Chinese Business Innovation and Entrepreneurship Summit to serve young overseas Chinese businessmen of Fujian nationality to innovate and start up businesses, seek business opportunities and expand markets. ...... "The RCEP is a great way to promote overseas investment in the RCEP region, to guide enterprises to optimize their investment layout and enhance their ability to integrate cross-border resources, and to help a number of young overseas Chinese businessmen use the RCEP to achieve innovation and entrepreneurship.


  "RCEP has enabled more young overseas businessmen to recognise China's broad-mindedness, driving them to come back for exchanges and cooperation, innovation and entrepreneurship." Lin Xiong, Vice President of the Myanmar Fujian Chamber of Commerce, said.


  According to statistics, in the first three quarters of this year, 23 investment projects from RCEP member countries came to Quanzhou, with a total investment of US$11.37 million and contracted foreign investment of US$9.06 million. Currently, Quanzhou enterprises are investing in three projects in RCEP countries, with a total agreed investment of US$15.2 million, and a total agreed investment of US$14.3 million on the Chinese side.


  "The policy interpretation and analysis of opportunities and challenges at the summit were very helpful to our enterprises." Invited to participate in the 2nd RCEP Young Overseas Businessmen Innovation and Entrepreneurship Summit Forum held in Quanzhou, Guo Zhuo Ming, Executive President of the European China Health Joint Promotion Federation and a young overseas businessman, gained a lot. Guo Zhuo Ming, who is committed to promoting the "going abroad" of Chinese medicine, believes that Southeast Asian countries and BRICS countries both have broad prospects for the development of the pharmaceutical market, and the signing of RCEP has provided great convenience for enterprises to explore the market and acquire consumables.

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  Lin Junfeng, Chairman of Min Enterprise Goes to Sea (Fujian) Digital Technology Co Ltd, feels most strongly about the e-commerce chapter in the RCEP. "We focus on using the new platform of the network to help overseas Chinese youth and businessmen to innovate and start their business through cross-border e-commerce. the content of the RCEP on the cross-border e-commerce industry gives us more confidence to improve the cross-border e-commerce ecosystem in the whole chain in the future."


  Relying on the Shishi Southeast Asia Sourcing and Distribution Centre, Fujian Province's first cross-border e-commerce trade service platform for global overseas Chinese - Qiao Yi Bang - was officially launched at the end of last year. "It allows overseas Chinese to purchase goods online without having to leave home." According to the person in charge of the Shishi Southeast Asia Procurement and Distribution Center, "the centre also has 12 overseas warehouses in Thailand, Indonesia, the Philippines and other five countries. more than 90% of the goods trade between RCEP member countries gradually realize the superimposed dividends of zero tariff, more further reduce the cost of foreign trade of enterprises, but also greatly promote the business of the distribution centre. "


  Huang Jinfa, Director of the Overseas Chinese Affairs Office of Fujian Provincial People's Government, expressed his hope that young overseas Chinese businessmen would seize new opportunities for development, deeply explore the business opportunities brought by Fujian's docking to the RCEP agreement, promote friendly exchanges between Fujian and RCEP countries and regions, and push for more quality projects to land in