TradeChina's RCEP tariff concessions still guard growth sectors
Beijing's plans for new megadeal shed light on industrial priorities
China appears intent on protection its EV sector by keeping protective tariff longer under the newly agreed RCEP trade deal. © Reuters
TAKAKO GAKUTO, Nikkei staff writer
November 17, 2020 11:55 JST
TOKYO -- China's plans for phasing out tariffs under the Regional Comprehensive Economic Partnership have shed light on Beijing's strategic thinking on nurturing industries, with electric-vehicle technologies positioned as a top priority that will enjoy long-term tariff protection.