Chinese Embassy in USVerified account

It includes the 10 ASEAN members, and the bloc's five FTA partners of #Australia, #China, #Japan, #New Zealand, and Republic of Korea.

2. HOW "BIG" IS IT? The 15 participating countries of the RCEP account for around 30 percent of the #global population, global gross domestic product and 28 percent of #global trade.

3. HOW IMPORTANT IS IT? --"The signing of the RCEP is not only a landmark achievement of East Asian regional cooperation, but also a victory of multilateralism and free trade." said #Chinese Premier Li Keqiang .

--The RCEP is "a hugely symbolically significant agreement, coming at a time of global trade uncertainty." said #Australian Minister for Trade, Tourism and Investment Simon Birmingham.

-- “The signing of the RCEP agreement will be a testament to the world on the efforts to strengthen the multilateral trading system and uphold the development agenda in the World Trade Organization.”said #Malaysian Minister of International Trade and Industry Mohamed Azmin Ali.