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Economic Watch: RCEP boosts confidence in trade, regional cooperation

HEFEI, June 11 (Xinhua) — On June 2, the day the Regional Comprehensive Economic Partnership (RCEP) entered into force in the Philippines, Chizhou Customs in east China’s Anhui Province issued an RCEP Certificate of Origin for a batch of goods exported to the Southeast Asian country.

With that piece of paper, Anhui Xingxin New Materials Co., Ltd. saved a 28,000 yuan (about 3,937.28 U.S. dollars) tariff for its