The country will take the RCEP as a great opportunity to expand cooperation with relevant countries in the digital economy and green economy, and jointly build demonstration zones for economic innovative development, Li added.

"The RCEP is a win-win proposition. While the enhanced investment flow helps developing member states to raise the standard of production and income levels, and thus move up the value chain, developed economies can cut down on overhead by setting up manufacturing bases in the ASEAN states while also catering to those markets," said Zhou Shuchun — a member of the Standing Committee of the CPPCC National Committee and publisher and editor-in-chief of China Daily — through a pre-recorded video.

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