Britain applied to join CPTPP. What is CPTPP?

The Trans-Pacific Partnership Comprehensive and Progressive Agreement (CPTPP) is a free trade agreement, a new name after the United States withdrew from the Trans-Pacific Partnership Agreement, which came into effect on February 30, 2008. It is no different from TPP in market access, trade facilitation, e-commerce and service trade. The biggest difference is that the new agreement freezes 20 clauses about intellectual property rights in the old agreement. CPTPP evolved from TPP

Let's talk about its predecessor, TPP. Some people may have heard of it. By the United States, Japan, Canada, Australia and other American and Asia-Pacific countries. Group? , call? Trans-Pacific Partnership Agreement? At that time, it accounted for 40% of the global economy, higher than the entire European Union, and was owned by the United States. But people are not as good as heaven, and 20 16 Trump came to power. Overseas labor is cheap, and American manufacturing almost drinks the northwest wind. This is not conducive to American manufacturing, and it is not conducive to the greatness of the United States of America again. So as soon as Trump came to power, he quit CPTPP without saying anything.

In Japan, heavy gongs and drums are played separately. What's the group name? TPP？ A CP was added in front of it, changed to? CPTTP？ . However, the Japanese economy can't carry the banner of being the master, so many CPTPP member countries have been calling on China to join. First, many hands make light work? Expand the scale; The second is to attract more countries to participate? Show them.

What are the benefits of joining CPTPP? On the one hand, China's accession can reduce trade barriers, make business easier, make imported goods cheaper and increase people's welfare. On the other hand, CPTPP itself has a high standard. In addition to reducing trade barriers, it also has high requirements for environmental standards, high technology and intellectual property rights. If we join CPTPP, open market competition and high standards will force us to speed up reform and remain competitive. This is called promoting reform through opening up.

Of course, this will not happen overnight. My grandmother once said: You can't eat hot tofu if you are impatient? . You know, RCEP has been talking for 8 years, and TPP has been talking for 10 years. Not today, but tomorrow. It will take a long time to talk about it.

But in any case, this is problematic. Before rcep joined, if we joined CPTPP, it would really answer our previous sentence: China's open door will only get wider and wider.