The China Institute for Reform and Development releases the 2025 RCEP Development Report.
At the 2025 RCEP Regional Media Think Tank Forum, the China Institute for Reform and Development released the 2025 RCEP Development Report. The report believes that against the backdrop of a complex and ever-changing global economic and trade situation, since the RCEP came into effect more than three years ago, it has shown a promoting effect in various aspects such as trade, investment, integration of industrial chains, and value chains. In 2024, the total trade volume within the RCEP region reached $5.7 trillion, an increase of about 2.5% year-on-year. In terms of regional investment, in 2023, the RCEP region attracted foreign direct investment of about $459.6 billion, accounting for 35% of the global total; and made outward direct investment of about $464 billion, accounting for 30% of the global total, showing strong attractiveness. According to IMF calculations, by 2030, the RCEP region is expected to contribute approximately 32.7% of global economic growth, becoming an important growth pole in the global economy and reshaping the global economic landscape.
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