Trade πŸ“„ In force β€” date not recorded πŸ‡¨πŸ‡³ National Trade
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RCEP Implementation Phase 2: Tariff Reductions Accelerate (2025-2026)

Published: November 1, 2025

Sources & Verification

Primary Source

State Council of the PRC β€” Official document β†—

CPG Analysis

Editor summary based on the official source linked above.

Verification

Verification pending

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⚑ Impact at a Glance

Who is affected

Supply chain and procurement directors for Asia-Pacific operations; trade compliance officers; manufacturers using China as an export base; e-commerce companies selling cross-border in Asia.

Cities / Agencies

Nationwide Β· State Council of the PRC

What to do now

Monitor for implementation details. No action required until official implementation documents are published.

Source & verification

Official source Β· Verification pending

Executive Summary

The Regional Comprehensive Economic Partnership (RCEP) entered its second implementation phase in November 2025, triggering another round of tariff reductions between China and member countries. Tariffs on thousands of additional product lines were reduced or eliminated, deepening Asia-Pacific trade integration.

Key Points

1

Additional tariff reductions on thousands of product categories took effect November 2025

2

Cumulative rules of origin further simplified, allowing components from any RCEP member to count toward origin requirements

3

China's average tariff rate on RCEP imports dropped below 5% for the first time

4

Services trade commitments expanded: professional services, logistics, and financial services included

5

E-commerce provisions activated: paperless trading, electronic signatures, and consumer protection

6

Foreign companies using China as a manufacturing hub benefit from preferential access to all 15 RCEP markets