RCEP Origin Accumulation Rules: How Vietnamese Textiles Can Arbitrage in the Sino-US Tariff War

DOI: https://doi.org/10.62517/jel.202614311

Author(s)

Yanrong Wang

Affiliation(s)

School of Foreign Languages, Taiyuan University of Science and Technology, Taiyuan, Shanxi, China

Abstract

This paper studies the economic logic, implementation effects and impact on regional industrial chains of the Regional Comprehensive Economic Partnership (RCEP) rules of origin accumulation. Taking Vietnam's textile industry as an example, this study analyzes how this rule reduces trade barriers and promotes regional supply chain integration by allowing the accumulation of original components among member states. Vietnam has taken advantage of the rules to treat Chinese raw materials as its own components, obtaining regional tariff preferences at a low cost. This has driven its textile industry to upgrade to high value-added links and attracted technological investment from Chinese enterprises. The results show that the cumulative rules of RCEP not only promote industrial chain collaboration within the region, but also provide an institutional basis for Vietnam to play the role of a "buffer zone" in the Sino-US trade friction, and offer practical references for developing countries to integrate into the global value chain and enhance industrial competitiveness by leveraging regional rules.

Keywords

RCEP; Origin Accumulation Rule; Vietnam's Textile Industry; Industrial Chain Reconstruction; Regional Value Chain; Sino-us Trade Friction

References

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