ASEAN Investment Guide 2020 From Ernst & Young

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The following is the ASEAN Investment Guide 2020 From Ernst & Young recommended by recordtrend.com. And this article belongs to the classification: Investment & Economy, research report.
On November 15, 2020, the regional comprehensive economic partnership agreement (RCEP), initiated by ASEAN and one of China’s important member states, was finally successfully signed after eight years of negotiation and consultation.
The signing of RCEP agreement will undoubtedly further improve the environment of regional trade and investment, promote the liberalization and facilitation of trade and investment, and build an open regional economic pattern. With the development of China’s internal and external dual circulation pattern, RCEP agreement will also become an important driving force for China’s external circulation.
ASEAN’s population, GDP, imports and exports of goods and services, and net foreign direct investment (FDI) account for 29%, 12%, 23% and 36% of the total of RCEP member countries, respectively. ASEAN is not only the center of the Asia Pacific region, but also has strong economic and trade ties with other regions in the world, and is one of the most popular investment destinations.
Now, China is one belt, one road and 10 countries are facing a deep change in the global situation. The region provides extensive commercial and investment opportunities. In the future, under the double impetus of the RCEP agreement and the “one belt and one way” initiative, China and ASEAN countries will conduct more in-depth economic and trade cooperation.
The first edition of the ASEAN Investment Guide released by anyong covers the general situation of the ASEAN region and the investment guidelines of six major countries – Singapore, Indonesia, Malaysia, Vietnam, the Philippines and Thailand. We will continue to release investment guides of other countries in the future. We welcome your continuous attention.
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