%0 Journal Article
%T Research on the Impact of RCEP on China¡¯s Manufacturing Output and Trade: Based on GTAP Simulation
%A Dan Ling
%A Caiyun Lv
%J iBusiness
%P 41-55
%@ 2150-4083
%D 2022
%I Scientific Research Publishing
%R 10.4236/ib.2022.142004
%X The signing of RCEP is a milestone for regional
economic integration in East Asia. This paper aims to seize the opportunities
brought by RCEP to China¡¯s manufacturing industry and promote the high-quality
development of China¡¯s manufacturing industry. Therefore, the paper sets up
three simulation scenarios, uses GTAP10 to simulate the impact of RCEP on
China¡¯s subdivided manufacturing industry, and further explores the impact of
RCEP on China¡¯s manufacturing industry with different technical levels. The
results show that: 1) The reduction of intra-regional trade costs under tariff
conces<span>sions will promote the increase of
output, import and export trade in most o</span>f the manufacturing sectors in
China; 2) When the tariff is zero, it will obviously promote the import and
export of low-tech and medium-high-tech industries in the region. In order to
better grasp the benefits of RCEP, we <span>need
national policy support and the improvement of the core co</span>mpetitiveness
of enterprises.
%K RCEP
%K China¡¯s Manufacturing
%K GTAP
%K Tariff Concession
%U http://www.scirp.org/journal/PaperInformation.aspx?PaperID=117057