On September 16, 2021, Chinese Minister of Commerce Wang Wentao formally submitted a written letter of China's application to join the cptpp. It is news worthy of celebration for our foreign trade industry.
Under the impact of the epidemic on the world economy and the fluctuation of type K recovery, the news of joining cptpp shows that China's opening-up is broader and higher, which is like a booster for our industry and stabilizes the domestic and foreign price markets.
The cptpp contains 30 chapters, which have requirements on competition policy, intellectual property rights, environmental protection, labor standards, regulatory consistency of state-owned enterprises, etc. It has a far-reaching impact on the standardization and stratification of the industry
In the era of digital economy, the international division of labor is becoming more and more detailed, the economic globalization is deepening layer by layer, and the intermediate trade is dominant. Xi'an faithful Biological Technology Co., Ltd. is one of the enterprises that took the lead in changing the business mode. It has effectively participated in the digital dividend. I believe we will meet the challenges, seize the opportunities and make the industry shine in the future.
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