[The RCEP has come into full force for the 15 signatory countries] On June 2, the Regional Comprehensive Economic Partnership (RCEP) officially entered into force for the Philippines, marking the full entry into force of the RCEP for 10 ASEAN members and 15 signatories including Australia, China, Japan, the Republic of Korea and New Zealand. The full entry into force of the RCEP fully demonstrates the 15 parties' determination and actions to support an open, free, fair, inclusive and rules-based multilateral trading regime. It will inject strong impetus to regional economic integration, enhance trade and investment liberalization and facilitation in East Asia, and contribute to long-term and stable economic development in the region and the world at large. China will continue to promote the high-quality implementation of the RCEP, provide guidance and services for local governments, industries and enterprises to further implement and make good use of the agreement, ensure the continuous release of the benefits of the agreement, and fully leverage the positive role of the RCEP in promoting cooperation on industrial and supply chains, high-level opening-up and high-quality development. At the same time, we will work with other parties to fulfill our obligations under the agreement, strengthen the RCEP mechanism building, improve the overall implementation of the agreement, and provide a strong guarantee for the steady and long-term progress of the RCEP cooperation. Editor/Xu Shengpeng

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• 2026.01.07 10:27
• [140 million yuan to build a new production base in Vietnam]
• Anhui Sentai Wood Plastic Group Co., Ltd. announced on January 5th that it plans to invest no more than 140 million yuan to build a high-performance wood plastic composite material production base in Tianhai Industrial Zone, Xing'an Province, Vietnam. The investment will be implemented through a subsidiary in Singapore. The base aims to establish independent and stable overseas production capacity, collaborate with the company's existing Thai factory, optimize the supply chain, and be close to Southeast Asia and global markets. The company has previously leased a factory in Vietnam for production, and this new construction is due to the expiration of the lease and to reduce costs. Vietnam's advantages in land, manpower, and taxation are key factors in site selection. Editor/Gao Xue

• 2026.01.07 10:24
• [Vietnam's total installed power capacity jumps to second place in ASEAN]
• According to data from Vietnam Electricity Group, by the end of 2025, the installed capacity of Vietnam's national power system will reach 87600 megawatts, ranking second in ASEAN and increasing by nearly 6400 megawatts compared to the previous year. Among them, the installed capacity of renewable energy wind power, solar power, and biomass energy is about 24400 megawatts, accounting for 27.9%; Coal fired thermal power accounts for 32.1%, while hydropower accounts for 28.1%. By 2025, the highest electricity load in China is expected to increase by 11.1% year-on-year, and the annual electricity consumption is expected to reach 322.8 billion kilowatt hours. At the same time, the annual investment of the country's power group increased by 14.7% year-on-year, and achieved 100% rural electrification nationwide. Editor/Gao Xue